Mexico expects its budget deficit next year to come down to 3.9% of GDP as growth increases, Finance Minister Rogelio Ramirez de la O said on Friday, as the government plans hefty spending cuts ...
The 2025 budget plan calls for the public sector borrowing requirement--a broad measure of the fiscal deficit--to decline to 3.9% of gross domestic product from 5.9% of GDP this year. Public sector ...