 “Our main motivation was not to sacrifice our inflation objective to promote growth” |
The combination of all the governments reforms – driven by energy reform in particular – are expected to add 100 basis points to 150bp to Mexico’s GDP growth by the end of the current administration in 2018. The government’s expectations of $50.5 billion of FDI have been endorsed by a traditionally more conservative private sector and local industrial growth is expected to benefit as well.
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