Reports on the Economic Situation, Public Finance and Public Debt in the Second Quarter of 2019

In the first half of 2019, the main balances of public finances presented better results than scheduled. The primary balance recorded a surplus of MXP 228.88 billion, which compares favorably with the programmed surplus of MXP 135.434 billion. Likewise, the public balance presented a deficit of MXP 119.922 billion, which is less than the expected deficit for the period of 258.873 billion.

Source: Ministry of Finance

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Head of the Ministry of Communications announced the construction of highway infrastructure works

The Secretary of Communications, Javier Jiménez Espriú, announced that, to encourage infrastructure and boost the national economy, this year 20 billion pesos of private resources will be invested in road works, which will represent the granting of concessions to five companies.

Source: Ministry of Communications

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THE MINISTRY OF FINANCE ANNOUNCES ACTIONS TO SUPPORT THE MEXICAN ECONOMY

Through Actions to Support the Economy, total resources for MXP 485 billion will be channelled to boost the development of infrastructure and to finance private investment and consumption. Likewise, federal government tenders of fiscal year 2020 will be anticipated that, with additional actions, will strengthen the response capacity of the national productive apparatus.

Source: Ministry of Finance

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