Pensions, debt put squeeze on Mexico 2018 budget

By
Wednesday, September 13, 2017

As evidenced in the recently proposed 2018 budget, the weight of Mexico's aging population and continued pension payments under the defined benefit system is putting more stress than ever on the nation's finances. As proposed, pension payments will rise to 794bn pesos (US$44,6bn), or 15.3% of tot...

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This news article is one of hundreds published daily by Business News Americas about the commodities, markets, movements, companies, projects, economics and politics integral to the development of Latin America. Including news and insight from South America, Central America and the Caribbean, BNamericas includes insight and forecasts for business opportunities in Mexico. The business development service focuses on major projects, active companies, such as and business and sales contacts, providing networking opportunities with leading executives throughout Latin America.