The fiscal cost of Mexico’s debt will reach 3.4% of GDP

The fiscal cost of Mexico’s debt will reach 3.4% of GDP

The The financial cost of debt It expresses the resources that the government allocates to pay interest and other matters for servicing this debt.

For the next year the government of the president Andres Manuel Lopez ObradorIt expects this amount to rise to 1.07 billion pesos, or 3.4% of national GDP.

According to specialists, the factors that enter into the financial cost of debt are: the level of interest rates, the exchange rate, the stock of existing debt, the expected growth of the economy, and the new indebtedness for the current fiscal year.

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