Tag Archives: Banxico

AMLO Says Mexico’s Debt Will Remain Steady

XINHUA Mexico’s public debt will remain stable over the coming years despite the damage to the economy in 2020 caused by the novel coronavirus (covid-19) pandemic, President Andrés Manuel López Obrado (AMLO) said Wednesday, Sept. 9. AMLO’s administration submitted a budget proposal for 2021 that aims to reduce the so-called Historical Balance of the Public Sector Financial Requirements to 53.7

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Banxico: Mexican Economy Faces High Degree of Uncertainty

XINHUA Mexico’s economy is facing a “high degree of uncertainty” because it is still difficult to predict the duration of the covid-19 pandemic and the impact that the virus containment measures will have, the Central Bank of Mexico (Banxico) said in a report on Wednesday, Aug. 26. “The evolution of the covid-19 pandemic is still in progress both globally and

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