Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
Mexico PRI no oil, deficit changes planned-senator
MEXICO CITY, Oct 27 (Reuters) - Mexico's main opposition party does not plan to push for revising the 2010 budget forecast or raising the federal budget deficit, the party's leader in the Senate said.
Sen. Manlio Beltrones, the leader of the Institutional Revolutionary Party, or PRI, in Mexico's Senate, said on Tuesday his party had not yet decided whether to back a measure passed in the lower house to raise the value-added tax (VAT) rate.
He also said his party would not be proposing changes to sensitive budget parameters like oil prices and the federal deficit.
"We are not proposing changes to the fiscal deficit, nor are we going to propose moving the price of oil from $59" per barrel of Mexican crude, Beltrones told reporters. (Reporting by Miguel Angel Gutierrez)
