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

Mexico needs 'counter-cyclical fiscal policy' to address slowdowns: finance minister
  • Clock-gray 08:56
  • calendar-gray 17 July 2019

Mexican Finance Minister Arturo Herrera said on Tuesday that over time Mexico would need a “counter-cyclical fiscal policy” to address economic slowdowns, APA reports citing Reuters.

“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.

Faiq Mahmudov

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