Arab Today, arab today fitch upgrades mexican credit rating on back of reforms
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Banking overhaul sees BBB+ seal of approval

Fitch upgrades Mexican credit rating on back of reforms

Arab Today, arab today

Arab Today, arab today Fitch upgrades Mexican credit rating on back of reforms

Fitch reward Mexico
Mexico City – Arabstoday

Fitch reward Mexico Mexico City – Arabstoday Fitch Ratings upgraded Mexico's sovereign credit rating on Wednesday, citing what it called the country's strong economic fundamentals and commitment to structural reforms. The international ratings agency increased Mexico's credit score by one notch to BBB+ from BBB and stated that its rating outlook was stable.
"The upgrade of Mexico's sovereign ratings reflects its strong macroeconomic fundamentals, including the absence of macro-financial imbalances, consistent adherence to its inflation targeting and flexible exchange rate regimes," Fitch said in a statement.
The ratings agency also praised the "greater than anticipated commitment of the new administration and Congress to pass structural reforms."
The ratings uptick came after President Enrique Pena Nieto and opposition parties presented their latest reform plan, a banking overhaul to increase the availability of loans and reduce interest rates.
Pena Nieto's Institutional Revolutionary Party (PRI) signed an unprecedented pact with the conservative National Action Party (PAN) and leftist Democratic Revolution Party (PRD) in order to pass much-needed reforms.
Since Pena Nieto took office in December, the pact has led to the approval of a major overhaul of the education system and legislation to open competition in the highly concentrated telecommunications industry.
The Pact for Mexico nearly collapsed last month after the PAN and PRD accused the ruling party of using social programs to woo voters in regional elections in July. The deal was saved this week with the PRI agreeing to take measures to prevent such vote-buying schemes.
 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fitch upgrades mexican credit rating on back of reforms Arab Today, arab today fitch upgrades mexican credit rating on back of reforms

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today fitch upgrades mexican credit rating on back of reforms Arab Today, arab today fitch upgrades mexican credit rating on back of reforms

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday