Mexico | Fiscal Budget 2018: Responsible and based on realistic assumptions

Summary

On September 8th, the SHCP submitted the fiscal budget for 2018 to Congress. There are three points worth highlighting: i) it is positive that it continues along the path towards fiscal consolidation; (ii) it is designed around realistic economic assumptions; and (iii) if approved, it will mean that debt as a percentage of GDP will continue its downward trajectory in 2018

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