A Solid Budget Proposal

MEXICO - Report 19 Sep 2014 by Mauricio Gonzalez and Ernesto Cervera

Executive Summary

The Ministry of Finance handed Congress on Friday, September 5 its budget proposals for 2015, which include the General Economic Policy Criteria for the year, a text that contains the economic and financial assumptions on which all budget proposals are predicated, as well as the revenue and spending bills for 2015.

The budget projections are predicated on the idea that economic growth in Mexico will accelerate next year thanks to a stronger world economy and the extent to which approved structural reforms are expected to stimulate the internal economy...

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