Macro Analysis /
Mexico

Public finance report – $104.6 billion deficit in the PSBRs up to April

    Juan Carlos Alderete Macal
    Juan Carlos Alderete Macal

    Director of Economic Research

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    Francisco Jose Flores Serrano
    Francisco Jose Flores Serrano

    Senior Economist, Mexico

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    Banorte
    1 June 2020
    Published byBanorte
    The Ministry of Finance (MoF) released its public finance report for April 2020. Public sector borrowing requirements (Jan-Apr): $104.6bn deficit (~US$4.3bn; -0.4% of GDP). Public balance (Jan-Apr): $73.9bn deficit (~US$3.0bn). Primary balance (Jan-Apr): $137.7bn surplus (~US$4.8bn; 0.5% of GDP).