Mexico Budget Sees Higher Debt Levels, 2025 Growth Above 2%
- Mexico's economy forecast to grow 2-3% in 2025, with fiscal deficit at 2.5% of GDP
- Inflation expected to slow from 4.4% currently to 3.3% by end of 2025
- Public debt levels to reach 50.2% of GDP in 2024 and 2025
- Primary budget deficit of 1.4% of GDP expected in 2024, surplus of 0.9% seen in 2025
- Mexico crude oil output forecast at 1.85 million barrels per day in 2024 and 1.86 million in 2025
