LatinNews Daily - 25 October 2018

* Pablo Siade, the regional director of France’s Coface, an international trade credit insurance network, has warned about an increase in Mexico’s fiscal deficit if adjustments are made to the 2019 budget as well as the slim margin of manoeuvre for President-elect Andrés Manuel López Obrador to make good his electoral promises to increase social spending. Siade also said that in the best-case scenario Mexico’s economic growth would reach 2% in the initial years of the new government (which takes office in December) rather than the 4% figure mentioned by López Obrador.

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