Weekly Report - 11 April 2006

MEXICO | Hopeful growth assumptions for 2007. In the economic policy assumptions presented by the executive to congress last week, GDP growth next year is put at 3.6%, in a context of zero public deficit, 3% inflation and a current account deficit equivalent to 1.4% of GDP. The executive reckons that the exchange rate will average M$11.18 per US dollar (currently M$11.15) and that the price for Mexico's mix of crude oils will average US$37.5 per barrel.