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 . . .

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