Latin American Economy & Business Report
04/2021 - Mexico raises economic growth forecast, but recovery remains slow
Mexico’s finance ministry (SHCP) on 31 March updated its economic growth forecast ahead of its 2022 budget proposal. In the document sent to the federal congress, the SHCP expects that GDP will grow by 5.3% in 2021, up from its previous forecast of 4.6% published in September 2020. For 2022, the SHCP expects the economy to grow by 3.6%, up from 2.6%. Minister Arturo Herrera stated that these increases in the forecast were justified by the progress of the national coronavirus (Covid-19) vaccination programme, the strengthening of domestic market demand, and the greater dynamism of the global economy.
Download the full briefing to read on...
Access to the full Latin American Economy & Business Report is one of the benefits of a Canning House Corporate Membership.
Canning House Individual Members receive LatinWeek with their weekly newsletter.
Learn more and become a member today.