Audio: Mexico's Secretary of Finance Agustín Carstens at the 39th Washington Conference
Audio: Mexico's Secretary of Finance Agustín Carstens at the 39th Washington Conference
Mexico's finance secretary addressed the Washington Conference on the Americas, offering his perspective on the effects of the global financial crisis and the H1N1 impact. Carstens predicts that Mexico will start to see economic recovery.
Mexico's finance secretary addressed the Washington Conference on the Americas, offering his perspective on the effects of the global financial crisis and the H1N1 impact. Carstens predicts that Mexico will start to see economic recovery in 2010. “If I had given this talk 15 days ago I would stop here and I would go into analyzing the prospects for the Mexican economy,” said the secretary. He forecasted that the outbreak will contribute to a further 0.3 percent GDP decline. But even with the impact of the outbreak weighing on Mexico’s economy, the secretary predicted short-term consequences.
Listen to the secretary's remarks:
