PUERTO VALLARTA (PVDN) - The World Bank has adjusted its growth forecast for the Mexican economy in a positive direction for the second time this year, now predicting a 2.5 percent growth rate for 2023. This revision comes after initial projections in January estimated a 0.9 percent growth, which was later upgraded to 1.5 percent in April.
Fiscal Policy and Stronger Investment and Consumption Fuel Growth
In its 'World Economic Perspectives' report, the World Bank indicated that fiscal policy is unlikely to drive growth in Mexico this year. Instead, growth is expected to . . .