Mexico aims to reduce its fiscal deficit to 3.5% of GDP by 2025. This goal, while ambitious, could be achieved without hindering economic growth. Martin Castellano, Research Director for Latin America at the Institute of International Finance (IIF), believes this target is within reach. Castellano suggests that increased private sector involvement could boost growth beyond […]
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Forecasting the 2024 Real Estate Landscape in Key LatAm Countries
In 2024, Brazil, Mexico, and Colombia will experience a rise in housing prices, driven by inflation and higher credit costs in line with global economic trends. Fitch Ratings’ report highlights this change in the housing market, noting the influence of low inventory and softened demand due to high mortgage rates. Brazil’s housing prices are expected […]