BRIEF-S&P Revises Mexico's Outlook To Negative On Weakening Fiscal Flexibility

May 13 (Reuters) - S&P:

  • S&P: MEXICO OUTLOOK REVISED TO NEGATIVE ON WEAKENING FISCAL FLEXIBILITY; 'BBB' FOREIGN CURRENCY RATING AFFIRMED

  • S&P: EXPECT TRADE RELATIONS BETWEEN MEXICO AND THE U.S. TO REMAIN STRONG

  • S&P, ON TRADE RELATIONS BETWEEN MEXICO AND THE U.S.: UNCERTAINTY ABOUT THE RENEGOTIATION OF THE FREE TRADE AGREEMENT WEAKENS INVESTMENT SENTIMENT

  • S&P: NEGATIVE OUTLOOK INCORPORATES RISK OF PERSISTENTLY WEAK FISCAL RESULTS RESULTING IN FASTER-THAN-EXPECTED RISE IN MEXICO'S GOVERNMENT DEBT LEVELS

  • S&P: EXPECT MEXICO'S BUDGETARY CONSTRAINTS TO RESULT IN A VERY GRADUAL FISCAL CONSOLIDATION


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