Mexico | Will we see the first fruits of fiscal consolidation in 2017?

Summary

As of this year, public debt as a percentage of GDP will stop increasing. 2017 will be the first year since 2008 with a fiscal primary surplus. It is positive that the government sets a target for a fiscal primary surplus of 1% of GDP for next year. It is adequate that the government is taking the average of GDP growth forecasts from private sector analysts as its forecast

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