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LatinNews Regional Monitor: Mexico - 20 November 2018

In brief: Mexico

* Mexico’s finance ministry (SHCP) has reported that the country’s risk score increased by 15 basis points to 225 last week. According to the SHCP this was the second consecutive week in which Mexico’s country risk rating has increased as a result of the uncertainty over the impact that the new economic policies proposed by President-elect Andrés Manuel López Obrador (such as discontinuing oil exports and significantly increasing government infrastructure spending) will have on the country’s finances. The SHCP notes that Mexico’s country risk score was 188 at the close of last year, substantially better than what it is now but still higher than its all-time lowest score of 71 registered in 2007.

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