NEW YORK--(BUSINESS WIRE)--Mexico's proposed budget would lower spending and maintain a path of fiscal consolidation despite downward pressure on oil revenues, Fitch Ratings says. Overall, we believe Mexico's proactive response to lower oil income is prudent, especially in light of the difficult external environment and continued weakness and volatility in the oil markets. The proposed budget cuts are in line with our expectations and growth is forecast within the range projected when Fitch aff
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