1887

Getting It Right

Strategic Agenda for Reforms in Mexico

image of Getting It Right

Getting it Right is one of the most complete toolkits that the OECD has designed to help a country at the start of a new government administration. In this publication, the focus of the Organisation’s multidisciplinary knowledge is on Mexico; the discussion is enriched with international experience, and comparison based on best practices. In addition, the report identifies the Mexican economy’s strengths and weaknesses so as to support the design, promotion and implementation of key public policies for better economic performance.

English Spanish

.

Fiscal Policy to Support Inclusiveness

Mexico’s public finances are sound, but do not permit a smooth financing of social or growth-enhancing policies. For fiscal policy to support better, more sustainable and inclusive growth, serious reforms are needed – starting with reforms to strengthen the delivery of quality public services. Though innovative programmes have been developed to address poverty, social expenditure remains low and less well directed than needed to substantially reduce inequality. Spending efficiency could also be improved. Large subsidies on energy consumption and many substantial tax expenditures still need to be withdrawn. Although tax policies have been reformed, the tax base needs to be broadened and distortions removed. Increasing states’ revenues and fiscal responsibilities, combined with sufficient fiscal equalisation, is another key challenge that would make the fiscal system sounder and help reduce regional disparities.

English Spanish

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error