Goldman Sachs expects 4.3% growth contraction for Mexico
Goldman Sachs cut its growth forecast for the Mexican economy in 2020 on Monday; it went from -1.6 percent to -4.3 percent. The last time he adjusted his outlook downward was March 18.
The Bank's chief economist for Latin America, Alberto Ramos, predicted a deeper contraction in Mexico, after the plan to support President Andrés Manuel López Obrador was revealed.
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