Mexico | Now, containing public spending is fiscal irresponsibility
Published on Tuesday, April 14, 2020 | Updated on Wednesday, April 15, 2020
Mexico | Now, containing public spending is fiscal irresponsibility
It sounds paradoxical and contradictory, but taking care of public spending today will result in a worse fiscal position in a few months, in an increase in country risk and in further reductions in the sovereign rating.
Key points
- Key points:
- The world and Mexico are facing an unprecedented economic crisis
- Many Mexicans will face serious economic and health difficulties
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