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Mexico Has Better Deficits Than Most Rating Peers: Moody's Merino

MEXICO

Moody's Analyst Renzo Merino Comments In Virtual Event

  • AMLO administration has managed orderly finances
  • U.S. growth will help Mexico recovery
  • Mexico has better deficits than most rating peers
  • Pemex support to put pressure on Mexico finances
  • Mexico recovery likely to be slower than rating peers
  • Mexico growth will likely show pandemic "scarring"
  • Pensions, interest payments pressuring Mexico finances (All BBG)

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