(Reuters) - "Steps to strengthen the government's tax base, building
upon the recent reform of public sector pensions, could
strengthen Mexico's public finances and underscore the
government's ability to act effectively, leading to an
upgrade," the ratings agency said in a statement.
Mexico's President Felipe Calderon sent to Congress last
month a long-awaited reform plan aimed at boosting government
revenues by closing off corporate tax loopholes. Expectations
that Mexico's Congress will approve the reform program have
been boosting Mexico's financial markets.
Read more at Reuters.com Bonds News
upon the recent reform of public sector pensions, could
strengthen Mexico's public finances and underscore the
government's ability to act effectively, leading to an
upgrade," the ratings agency said in a statement.
Mexico's President Felipe Calderon sent to Congress last
month a long-awaited reform plan aimed at boosting government
revenues by closing off corporate tax loopholes. Expectations
that Mexico's Congress will approve the reform program have
been boosting Mexico's financial markets.
Read more at Reuters.com Bonds News
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