In a recently released report from the International Monetary Fund (IMF) the IMF said the Mexican economy is experiencing an upturn due to growth in the United States, but added, “In México, after a weak first quarter, growth has rebounded due to the robust external demand and is expected to remain strong in 2015, reflecting the impact of structural reforms that have been put into force.”
The report, Global Perspectives and Challenges of Policy, which will be presented to the finance ministers and governors of the central banks of the member countries of the G-20, when they meet in Cairns, Australia.
The IMF report makes clear; however, that the rise of growth in México is more closely linked to what happens in the United States than to the structural reforms proposed by President Enrique Peña Nieto.
(from El Sol de Mazatlán)
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