Mexico's 2020 budget sees a 0.7% primary fiscal surplus

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Mexico's government expects a 0.7% primary fiscal surplus in its 2020 budge...

Mexico's Finance Minister Arturo Herrera presents the 2020 national budget to Laura Angelica Rojas, president of the Lower House of Congress, at the Congress building in Mexico City, Mexico September 8, 2019. REUTERS/Luis Cortes

MEXICO CITY - Mexico’s government expects a 0.7% primary fiscal surplus in its 2020 budget, a blueprint released on Sunday shows, as President Andres Manuel Lopez Obrador aims to balance spending priorities with a slowing economy. Lopez Obrador’s second budget since winning a landslide election victory last year aims to boost spending on social welfare programs, security and state-run oil company Pemex, while at the same time eschewing new taxes or fuel price spikes.

 

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Dis they raise taxes on the cartels?

Build the wall then that ComradeTrump promised Mexico would pay during his Presidential campaign!

According to data Mexico economy growth is at -0.3 percent atm, forecast says their economy will grow at 0 percent by the end of the year.

Ranging from stock bonds to equilibrium systems and periodic empowerment of labor systems with the capabilities of the leading defense systems, where the retention of the planned dimensions and their progress in the counting of name and reform bonds

Bravo..!

With the surplus, Mexico needs to take care of it’s own people, stop government corruption and stop people streaming across their borders from Central America. Makes sense!

That's nice. Not a lot of countries can do that. Mexico is also doing the work they should have been doing for 100 years of protecting their own borders.

Well Mexico should invest the surplus in infrastructure and social programs to drag its people out of poverty.

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