Economic Risk: Fiscal Adjustment Not Enough

July 2009
Latin America Monitor: Mexico Monitor;Jul2009, Vol. 26 Issue 7, p5
Country Report
The author focuses on the forecast for the fiscal system in Mexico in 2009. The authors predict that the nominal fiscal deficit this year will expand, despite the reduction in the forecast following the decrease in the proposed expenditure of the government this year. They express uncertainty on the commitment of the government to control its public spending. They note that the revised outlook for the nominal fiscal deficit this year at 356 billion Mexican pesos is still higher than the government's goal of 1.8%.


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