Mexico | Economic package for 2017: enough and right for public debt to stabilize in 2017

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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Javier Amador BBVA Research - Principal Economist
Iván Martínez Urquijo BBVA Research - Senior Economist
Francisco Javier Morales
Arnulfo Rodríguez BBVA Research - Principal Economist
Carlos Serrano BBVA Research - Chief Economist
Mariana Angélica Torán BBVA Research - Principal Economist

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160909_PaqueteEconomico2017

Spanish - September 9, 2016

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