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Fitch Ratings Affirms Mexico at 'BBB-'; Outlook Stable

MEXICO
  • Fitch Affirms Mexico at 'BBB-'; Outlook Stable (BBG)
  • Mexico's rating is supported by a prudent macroeconomic policy framework, stable and robust external finances, and government debt/GDP projected to remain stable at levels below the 'BBB' median.
  • The rating is constrained by weak governance indicators, muted long-term growth performance, micro policy intervention affecting investment prospects in Fitch's view, and the potential contingent liabilities from Pemex.
  • https://www.fitchratings.com/research/sovereigns/f...

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