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ECLAC projects a 3.8 percent increase in Mexico’s GDP in 2021 but there are many challenges ahead.
Economic growth in Mexico
News Article
According to data from INEGI, in 1Q20 the country’s GDP fell 2.2 percent in real terms. However, the fall is not as steep as expected.
More money is allocated as part of COVID-19 containment efforts
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Countries have increased the amount of money destined for fiscal measures in an attempt to prevent economies from crashing
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News Article
To palliate the upcoming economic crisis, countries have started to implement special fiscal policies. Mexico has yet to announce any.
Luis Jimenez Robles
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Luis Jimenez Robles
Tax Director
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