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Published on Tuesday, July 9, 2019 | Updated on Wednesday, July 10, 2019

Mexico | The Secretary of the Treasury's Resignation, a bad sign

Summary

Carlos Urzúa stated that the lack of support for political decisions was the reason; the reasons for his departure are more worrying than the resignation in itself.

Key points

  • Key points:
  • Lack of support for political decisions to fulfill his functions
  • “The appointment of officials" without expertise in the SHCP by "influential characters [...] with a clear conflict of interest"

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Authors

Javier Amador BBVA Research - Principal Economist
David Cervantes Arenillas BBVA Research - Senior Economist
Saide Aránzazu Salazar BBVA Research - Principal Economist
Carlos Serrano BBVA Research - Chief Economist

Documents and files


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Report (PDF)

190709_RenunciaSecretarioHacienda-1.pdf

Spanish - July 9, 2019

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