LatinNews Regional Monitor: Mexico - 19 May 2020

On 18 May Mexico’s President Andrés Manuel López Obrador defended the new regulations published in the official gazette by the energy ministry (Sener) restricting private participation in the country’s electricity market in the face of a storm of criticism. Analysis:... Read More

* International credit ratings agency Fitch has predicted that Mexico’s “modest” fiscal response to the fallout of the coronavirus (Covid-19) pandemic could “contribute to an especially deep recession”. In a statement on Latin American sovereigns, Fitch highlighted that Mexico’s fiscal package to combat the pandemic and its impacts is worth just 0.7% of GDP, far below the value of stimulus packages adopted by Brazil (14% of GDP) or Chile and Peru (7%-8% of GDP).... Read More