Mexico's Next Finance Minister Pledges Broad Fiscal Discipline
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An adviser for Mexico’s next president, Andres Manuel Lopez Obrador, held a call early Monday morning to reiterate the new government will be fiscally responsible.
Carlos Urzua, Lopez Obrador’s pick for Finance Minister, said the new administration will strictly respect the autonomy of the country’s central bank and that the floating exchange rate regime will continue, as it has proven to work over the years.