Macro Analysis /
GlobalMexico: Budget Proposal 2023 – A rosy scenario focused on social programs
The MoF expects GDP growth in 2023 at 3.0%, with higher inflation, interest rates and oil production
Revenues for 2023 would rise 0.8% y/y in real terms, while spending is expected to climb 3.4% y/y
The PSBR would reach -4.1% of GDP by YE23 (previous: -3.3%), with HBPSBR at 49.4% (previous: 49.6%) in the same period
Alejandro Padilla Santana
Executive Director of Economic Research and Financial Markets Strategy @ Banorte
Contributors
9 September 2022
Published byBanorte
