Mexico Economy

Mexico bets on reforms to boost wages, but no quick fix

Mexicans hoping their president will make good on a campaign promise to boost wages may be in for a long wait, as the country aims to dodge Brazil's mistakes by betting on economic reforms that will take years to translate into labour gains.

Aug 04, 2013, 20:45 PM IST

Mexico's public debt over 35% of GDP

Mexico's total public debt is at 35.8 percent of the gross domestic product, the Finance Secretariat said.

Jan 24, 2013, 12:07 PM IST

Mexican budget forecasts 3.5 percent GDP growth

Finance Secretary Luis Videgaray outlined the plan after presenting it to lawmakers, telling reporters it fulfills newly inaugurated President Enrique Pena Nieto's promise not to run a deficit in 2013.

Dec 10, 2012, 16:05 PM IST

Mexico`s economy contracts 6.2% in third quarter

Mexico`s gross domestic product fell by 6.2 percent in the third quarter relative to the same period of 2008, beating analysts` expectations, authorities said.

Nov 22, 2009, 13:06 PM IST