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Low Oil Price Estimate May Act As Fiscal Buffer: Dep. Fin Min

MEXICO
  • (Bloomberg) -- The below-market estimate for oil in Mexico's 2022 budget could act as a buffer for the nation's finances, deputy finance minister Gabriel Yorio said.
    • Mexico's formula projected $55.1 per barrel, while market expectation is currently significantly higher, Yorio said in an interview with Banorte podcast published Wednesday.

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