Mexico | Will we see the first fruits of fiscal consolidation in 2017?
Published on Friday, April 7, 2017 | Updated on Tuesday, April 11, 2017
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
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Public Finance
- Macroeconomic Analysis
Tags
- Tags
- deficit
Authors
Arnulfo Rodríguez
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist
Documents and files
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