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LatinNews Daily - 31 January 2025

In brief: Mexico’s public debt rises in 2024

*Mexico’s finance ministry (SHCP) has released new figures showing that public debt stood at M$17.43trn (US$840.65bn) in 2024, equivalent to 51.4% of GDP. The SHCP stated that public debt “remained on a stable and sustainable trajectory in the long term”. This compares to public debt of M$14.87trn in 2023, which at that time equated to 46.8% of GDP.

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