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LatinNews Daily - 09 April 2019

In brief: Mexico

* A local think-tank, the centre for economic studies of the private sector (CEESP), has warned that the decline in economic activity has resulted in a cautious environment that has begun to influence productive investment flows in Mexico. The CEESP cites figures from the central bank (Banxico) which forecasts that Mexico's GDP will grow by 2% in 2019 and 2.3% in 2020 – which represents fall of half a percentage point in both cases compared with previous estimates. According to CEESP, for now the economic policy pursued by the federal government led by President Andrés Manuel López Obrador has been well received by markets, but for this to continue the country must implement the measures established to reach fiscal targets.

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