OECD Economic Outlook, Volume 2008 Issue 1
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Mexico
After a slowdown in 2008, reflecting weaker external demand, growth is set to pick up to 3.3% in 2009. The approval of the fiscal reform should boost business confidence, underpinning stronger domestic and foreign investment, while the new infrastructure fund is expected to lift public investment. Inflation is projected to remain close to 4% until end-2008, easing back thereafter, and the current account deficit is expected to widen gradually.
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