Mexico Economic Updates August 2006
Despite calls from PRD candidate Andrés Manuel López Obrador and his supporters for a complete recount, it looks almost certain that the Federal Electoral Institute will confirm very shortly that the presidential election was won by PAN candidate Felipe Calderón Hinojosa. The new president will take office on December 1.
read moreMexico Economic Updates May 2006
Lloyd Mexico Economic Report February 2003
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Announcing that first quarter direct foreign investment totaled 7.425 billion dollars, President Vicente Fox described Mexico as the "best place in the world in which to invest". The year-end figure for foreign direct investment is likely to top 16 billion dollars.
read moreLloyd Mexico Economic Report November 2005
Lloyd Mexico Economic Report - February 2002
Lloyd Mexico Economic Report July 2003
Lloyd Mexico Economic Report November 2004
Lloyd Mexico Economic Report - March 1999
Lloyd Mexico Economic Report - February 2001
Lloyd Mexico Economic Report November 2003
A major study by Grupo IDM suggests that improved employment opportunities are on their way. About 18% of firms questioned in the southeast and north of the country will be actively seeking additional workers in the next few months. A further 60% expect to retain their existing workforce intact.
read moreLloyd Mexico Economic Report - August 1999
Lloyd Mexico Economic Report - February 2000
Lloyd Mexico Economic Report - July 2001
Lloyd Mexico Economic Report November 2002
Lloyd Mexico Economic Report - December 1999
The government's proposed budget for 2000 has been submitted to Congress. The government anticipates that the economy will grow by between 4 and 5% next year and that inflation will be around 10%. The budget allows for a fiscal deficit of 1% of Gross Domestic Product (GDP) and a current account deficit equivalent to 3.2% of GDP. The average exchange rate over the year is expected to be 10.40 pesos to the dollar. In calculating the budget, the government has assumed that oil prices will average 15.5 dollars a barrel.
read moreLloyd Mexico Economic Report - July 2000
Lloyd Mexico Economic Report - November 2001
Lloyd Mexico Economic Report - November 2000
Lloyd Mexico Economic Report May 2005
Lloyd Mexico Economic Report May 2003
Lloyd Mexico Economic Report - January 1999
Lloyd Mexico Economic Report May 2002
Most analysts agree that the nation currently enjoys a stable economy with steady flows of foreign direct investment, a buoyant stock market, a strong currency and its highest ever foreign currency reserves. Given this investor confidence and the upbeat economic outlook, why then did the Fox administration announce last month a 1.12 billion dollars cut in public spending? The main reason is because it is a prudent and cautious response to lower-than-expected oil-export revenues and tax collections at the start of the year. read more