LatinNews Daily - 03 February 2020

* Mexico’s finance ministry (SHCP) has released its latest report on public finances in the fourth quarter of 2019, according to which the country’s public accounts closed the year with a deficit of M$398.356bn (US$21.108bn), equivalent to 1.6% of GDP and below the M$503.8bn projected deficit. This is down from the M$494.982bn public sector deficit registered in 2018 (equivalent to 2.1% of GDP). The government posted a primary fiscal surplus of M$275.748bn last year, equivalent to 1.1% of GDP.

End of preview - This article contains approximately 91 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial