January 21, 2021 |
Mexico's economy is on track to rebound this year from one of its worst-ever downturns in 2020, helped by stable tax collections and low interest rates in international markets for borrowing, Finance Minister Arturo Herrera said on Wednesday.
Herrera did not provide estimates, but the latest forecast from the World Bank predicts the Mexican economy will grow 3.7% this year, turning around from a 9% drop in 2020.
"We believe that we are facing a tough year, but for sure it will almost be unthinka
Low international interest rates and stable tax collections to help, finance minister says