Mexico must end cash dependence

Mexico’s narrowing deficit has reassured markets, but beneath the surface lie familiar vulnerabilities – low tax collection, heavy social spending, and a vast informal economy. Modernising digital payments may prove as vital to fiscal stability as any budget reform

Mexico must end cash dependence
Mexico’s narrowing deficit has reassured markets, but beneath the surface lie familiar vulnerabilities – low tax collection, heavy social spending, and a vast informal economy. Modernising digital payments may prove as vital to fiscal stability as any budget reform

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