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Mexico | Higher oil prices in 2017 helped to improve the fiscal and external balances

Thursday, February 8, 2018

Mexico | Higher oil prices in 2017 helped to improve the fiscal and external balances

Although we predict that crude oil prices will continue to recover this year and beyond, a substantial improvement in these balances will only be achievable in the medium term if the following factors remain: i) strong performance of tax revenues; ii) strict discipline over public spending; and iii) the impulse derived from the manufacturing export sector.

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