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LatinNews Daily - 02 December 2019
In brief: Mexico’s public deficit remains below target
* Mexico’s finance ministry (SHCP) has released its latest statement on public sector finances, according to which the public deficit totalled M$154.1bn (US$7.86bn) between January and October 2019, a “favourable” result well below the expected M$334.2bn deficit. The primary balance registered a M$296.5bn surplus during this same period, exceeding the expected M$191.4bn surplus. The SHCP further notes that the federal government’s tax income increased by 1.6% in January-October 2019 compared with the same period last year.
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