Mexico’s economy is not in recession yet but the federal government is trying to counter an economic slowdown with targeted infrastructure spending, Finance Minister Arturo Herrera said on Tuesday.
Herrera said he was worried about a slowdown in the global economy, including in Mexico, and the prospect that the Mexican government could need to do more to prop up economic activity.
“That’s what keeps me awake at night,” Arturo Herrera said at an event hosted by the Wilson Center in Washington.
He noted the Mexican economy was not “yet” in recession.
“A slowdown is worrisome,” he said, adding . . .
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