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Mexico needs ‘counter-cyclical fiscal policy’ to address slowdowns: finance minister By Reuters

Mexico needs 'counter-cyclical fiscal policy' to address slowdowns: finance minister By Reuters


Mexico needs ‘counter-cyclical fiscal policy’ to address slowdowns: finance minister By Reuters


MEXICO CITY (Reuters) – Mexican Finance Minister Arturo Herrera said on Tuesday that over time Mexico would need a “counter-cyclical fiscal policy” to address economic slowdowns.

“Eventually we have to design a counter-cyclical fiscal policy,” Herrera said, adding that the he would make a proposal “when the time is right”, but not necessarily in the coming months.

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