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Economic Reality and Budgetary Crossroads
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The economic results released by INEGI (National Institute of Statistics and Geography) indicate that the Mexican economy has slowed to the point of "stagnation." Manufacturing is showing some recovery, but the primary sector (including hydrocarbon extraction) is declining, and non-financial services (trade, the main sector) are also slowing. With this in mind, the big question for analysts is whether the Ministry of Finance's economic budgeting…
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