Mexico’s debt

Fitch Ratings does not plan to reduce Mexico’s credit rating

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Fitch Ratings does not plan to reduce Mexico’s credit rating

Tulum, QR. Fitch Ratings said Thursday that it is not considering reducing Mexico’s sovereign debt rating or moving it from its current investment grade rating – a risk-free instrument for investors – said Gerardo Carrillo, Fitch’s regional director for Latin America for international public finance, when speaking about the country’s outlook a few days before … Read more

Pensions and debt payments consume up to 27.8% of spending

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Pensions and debt payments consume up to 27.8% of spending

Mexico City. Two unavoidable commitments of the federal government, the payment of pensions and the payment of interest on public debt, consumed just over a quarter of the expenditure incurred by the public sector in the first seven months of this year, according to information from the Ministry of Finance and Public Credit (SHCP). Between … Read more