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Published on Tuesday, April 14, 2020 | Updated on Wednesday, April 15, 2020

Mexico | Now, containing public spending is fiscal irresponsibility

It sounds paradoxical and contradictory, but taking care of public spending today will result in a worse fiscal position in a few months, in an increase in country risk and in further reductions in the sovereign rating.

Key points

  • Key points:
  • The world and Mexico are facing an unprecedented economic crisis
  • Many Mexicans will face serious economic and health difficulties

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