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federal budget deficitsABC News
â˘80% Informative
Mexico 's incoming administration pledges to reduce budget deficit as markets recover from shock.
Finance Minister Rogelio RamĂrez said the federal deficit will be cut from this year âs level of almost 6% of gross domestic product, to around 3% in coming years .
The statement was an effort to calm markets after the Mexican peso dropped more than 4% on Monday against the U.S. dollar, and the Mexican stock exchange slid 6% ..
VR Score
85
Informative language
88
Neutral language
9
Article tone
formal
Language
English
Language complexity
68
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
4
Source diversity
1
Affiliate links
no affiliate links