United Nations Predicts Mexico's GDP to Grow in 2015 Nancy Caouette - Anadolu
go to original January 20, 2015

MEXICO CITY - The growth of Mexico's GDP is expected to accelerate from 2.4 percent in 2014 to 3.5 percent in 2015, according to a UN report released this week in Mexico City.

The promising outlook is a result of the benefits of structural reforms introduced in 2013 and 2014 and to the “strengthening of the United States,” said UN experts.

Luis Foncerrada, director of the Center for Economic Studies of the Private Sector, emphasized that the expectations will not be sufficient to address Mexico’s needs, especially in terms of job creation.

“Mexico must find a way to create formal and quality jobs,” Foncerrada said during the report’s presentation. He added that 7 million Mexicans are unemployed. But other economists pointed to different problems as well.

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