April 29, 2022 16:51 GMT
Finance Ministry Say Mexico May Refinance Yen Debt This Year
MEXICO
Mexico finance ministry publishes quarterly report:
- Public income up 20.7b pesos in Q1 on fuel prices
- Fuel subsidies helped contain prices by 1.3-2pts
- Gas subsidies helped contain prices by 1.3-2 pts
- Debt-to-GDP 45.4% in 1q, 4.6ppts down from Q4 2021 (BBG)
- Mexico deputy finance minister Yorio speaks at press conference:
- Mexico using oil windfall for spending, subsidies
- Mexico may refinance yen debt this year
- Mexico not planning new bond issuances other than yen (BBG)
- Separately: Mexico Reports 66.5b Peso Jan.-March Budget Deficit (BBG)
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