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Mexico's budget forecasts 3 percent growth

Friday, September 9, 2016


Mexico's government on Thursday presented a budget that forecasts economic growth of between 2 and 3 percent in 2017, and oil production sliding to 1.928 million barrels per day - its lowest level in decades.

New Finance Minister Jose Antonio Meade said the budget also forecast the local peso trading on average around 18.2 per dollar next year.

Source: Reuters