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MEXICO: Election upset would prompt shock and backlash
Morena and allies performed strongly at all levels in the general elections, proving popular locally, taking most contested state governorships and securing a two-thirds majority…
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DOI: 10.1108/OXAN-DB287549
ISSN: 2633-304X
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MEXICO: Senate result will determine reform prospects
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DOI: 10.1108/OXAN-ES287415
ISSN: 2633-304X
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Geographic
Topical
The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
The agreement will last for 48 months and includes an immediate disbursement of USD1bn. It will provide much-needed, short-term fiscal relief for the government and increase…