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LatinNews Daily - 01 February 2021

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In brief: Mexico’s public debt rises

* Mexico’s finance ministry (SHCP) has released new figures which show the country’s public debt totalled M$12.13trn (US$597bn) in 2020, up 6.4% from M$11trn in 2019. According to the SHCP figures, this is equivalent to 52.4% of GDP, compared with 45.1% in 2019. The figures also show that government revenue was down 4.1% in 2020 compared with the previous year to M$5.34trn, of which M$605,842bn was oil revenue (-38% on the previous year), while non-oil revenue was up 3.4%.