- Tuesday, 20 August 2019 |
- Today's FE |
- e-Paper
Published: August 01, 2019 11:26:39 | Updated: August 11, 2019 19:54:06
Mexico’s Finance Ministry has lowered its growth forecast for 2019 to 1.1pc as evidence mounts that Latin America’s second-largest economy is falling short of the government’s expectations.
In an update on the country’s budget, the ministry said it had cut the forecast from a prediction of 2pc made when the government presented the budget in December, reports Reuters.
A preliminary estimate published by the national statistics agency on Wednesday showed that Mexico’s economy expanded by 0.1pc in the April-June period from the previous quarter, narrowly escaping a recession.
Shunned by investors, poorer nations seek climate-proof growth
Meeting on draft of ADR guidelines held
Akhaura-Sylhet dual-gauge project: 57 vehicles, fuel to eat up most budget!
BB set to place three new bank bids before its board
Foreign aid getting costlier for Bangladesh
Lira steady after Bolton says Turkey made ‘big mistake’ over pastor
Malaysian PM says China-financed projects canceled
BB asks banks to meet CRR, SLR requirements
$500m infrastructure investment fund likely
Services in civil admin below par on poor accountability
BD, India working on formulas to share 54 common rivers’ water
Ride-sharing cos, not drivers, will pay VAT
Hospitals, health complexes face shortage of dengue kits
'BD, UNHCR ready to start Rohingya repatriation Aug 22'
Stocks open higher on both bourses
Many general insurance companies witness EPS rise in Jan-June
© 2017 - All Rights with The Financial Express
