Macro Analysis /
GlobalMexico: Public Finances – $304.3 billion deficit in the PSBRs until July
Until July, the PSBRs accumulated a $304.3bn deficit (~US$14.8bn), with a 229.0bn primary surplus
Expenditures grew 3.4% y/y in real terms. Revenues rose 5.3%, with +15.3% in income tax and +4.0% in VAT
The HBPSBR stood at $13.4tn (~US$652.1bn), with 67.5% corresponding to domestic debt
