Published on Friday, September 9, 2016 | Updated on Saturday, September 10, 2016
Mexico | Economic package for 2017: enough and right for public debt to stabilize in 2017
Summary
Overall economic package presented to Congress is appropriate and ought to be enough for the public debt as a percentage of GDP to stabilize next year. Important that fiscal stance do not relax in Congress. In fact, we think a further cut (around 1.5% of GDP instead of 1.2% proposed) would be desirable
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Authors
JA
Javier Amador
BBVA Research - Principal Economist
IM
Iván Martínez Urquijo
BBVA Research - Senior Economist
FM
Francisco Javier Morales
AR
Arnulfo Rodríguez
BBVA Research - Principal Economist
CS
Carlos Serrano
BBVA Research - Chief Economist
MT
Mariana Angélica Torán
BBVA Research - Principal Economist