Mexico | Investment grade loss is avoidable
Published on Friday, June 19, 2020
Mexico | Investment grade loss is avoidable
The number of alerts about the possibility that Mexico's credit rating falls below investment grade has grown in recent weeks. I believe that, in the absence of significant measures, this will happen either next year or in 2022.
Key points
- Key points:
- Rating agencies take into account various variables to assign ratings, such as the growth potential of a country, public debt as a percentage of tax revenue, or public debt as a percentage of GDP
- Maintaining the ratings within the investment grade range requires acting on two broad strategic lines
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