Student Edition: Weekly Report - 04 April 2019

MEXICO | Growth forecast cut. Mexico’s finance ministry released a report this week reducing estimated GDP growth in 2019 to a range between 1.1% and 2.1% from a 1.5%-2.5% range projected in December last year when President Andrés Manuel López Obrador took office. It also projected GDP growth of between 1.4% and 2.4% in 2020. López Obrador describe the finance ministry’s revised forecast as “prudent and conservative” especially as it is now in line with the estimate of the Banco de México (Banxico).

End of preview - This article contains approximately 274 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Sign up