Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Fitch Ratings expects Mexico to have zero growth over four years

The Mexican economy could present zero growth in the medium and long term; by 2023, the country will barely recover the levels of 2020, which will translate into “four lost years ”, said Carlos Morales, director of sovereign ratings at Fitch Ratings in a presentation at the 16th Asofom Convention.

He pointed out that according to his projections, if the expected growth in the coming years is compared, from 2020 to 2023, Mexico is the country that would grow the least during these years.

“Our expectation is that the average growth would be zero; that is . . .

Read Full Story

Related Posts

Puerto Vallarta beaches on alert as mar de fondo builds

Puerto Vallarta warned of rough surf on March 25 as mar de fondo raised wave...
Why 250 kilos of seafood were held in Puerto Vallarta

Why 250 kilos of seafood were held in Puerto Vallarta

Navy personnel and Conapesca held 250 kilos of seafood in a Puerto Vallarta market after...

Canadian man found dead inside Puerto Vallarta condo

Police and forensic personnel responded after a Canadian man was found dead in an Emiliano...
Mexico enters democratic gray zone in global report

Mexico enters democratic gray zone in global report

V-Dem’s 2026 report says Mexico now sits on the line between electoral democracy and autocracy...