LatinNews Regional Monitor: Mexico - 2 April 2019

* Mexico’s finance ministry (SHCP) projects that the country’s GDP growth will stand between 1.1% and 2.1% in 2019, a downwards revision from projections published in December 2018. The SHCP has revised its GDP projections downwards following slow growth in the fourth quarter of 2018, which could last until the end of the first quarter of 2019. This also reflects the international economic scenario, with a projected slowdown of the global economy. However, the SHCP notes that its projections for Mexico’s GDP growth do not consider the possible effects of the current administration’s strategy for economic development, which could lead to greater growth.

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