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MEXICO: 2021 budget mixes austerity and pet project spending

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The 2021 draft budget unveiled yesterday, 8 September, did not produce any real surprises. The USD 292bn budget is a blend of government austerity; fiscal discipline; some over-optimistic core assumptions; and spending increases for President Andres Manuel Lopez Obrador (AMLO)’s ...

 

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MEXICO: 2021 budget mixes austerity and pet project spending

The 2021 draft budget unveiled yesterday, 8 September, did not produce any real surprises. The USD 292bn budget is a blend of government austerity;