Mexico’s GDP will grow 4.5% due to the stimulus in the United States: Organization for Economic Cooperation and Development

Mexico will record a 4.5% recovery in GDP (Start(This year, by incorporating the cascading effect of the strong fiscal stimulus that the United States will apply to its economy, according to OECD estimates)Organization for Economic Cooperation and Development).

This prediction includes a nine-tenths of a point correction to the forecast it is pointing to Organization for Economic Cooperation and Development In November, you predicted that Mexico’s GDP recovery would reach 3.6 percent.

By revealing the entity’s updated forecasts in the so-called interim economic report, experts set their forecasts for the Mexican GDP for next year, leaving it at 3 per cent. The average is 0.4-tenths of a point lower than the estimate released by the same organization in November.

At noon, the Spanish Chamber of Commerce in Mexico (Camescom) released a webinar in which the Secretary-General of the Organization for Economic Cooperation and Development participated, Jose Angel Guria Who spoke about the diagnosis of Mexico.

“The only way out of this crisis is to partner with private sector, With business and development plans by the authorities, ”he warned.

He added in the event that was unveiled yesterday afternoon (today), which was held on 4 March, that in order to attract investment, Mexico must have stable and predictable systems, and above all, “it must respect the commitments that are made.” Previously obtained. ” ..

Without investment, long and medium term growth will not be what we want. When promoting them, the franchisees will be appropriate Social Responsibility Encouraging new, committed and knowledgeable entrepreneurs, he said.

American engine

In the Organization for Economic Cooperation and Development report they explained that “strong financial support in the United States will greatly boost demand and allow for Recovery The strongest epidemic that will have secondary beneficial effects for other economies, especially in Mexico and Canada, “

There they set out to be new Financial incentives It was approved last weekend in the US “will boost demand with increased production from Mexico and Canada that can fluctuate between 0.5 and 1 percentage point.

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