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Mexico & Nafta - September 2011 (ISSN 1741-444X)

Debt, this time it’s different?

Mexico’s public sector foreign debt has jumped, alarmingly, from a negligible US$21.4bn in March 2008 to US$108.9bn in March this year. The finance ministry confirmed the figures and said that the change is nothing to worry about because it is largely due to a change in legal definitions.

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