“This amount would be used to reduce the public deficit, which we now estimate at 4.2% of GDP. This does not imply lower spending, so it does not modify our GDP growth scenario,” Banamex said.
What are remnants and what are they used for?
The remainders of Banco de México are resources that come from the positive balance that results from the operations carried out by the central bank.
Based on these movements, a cut is made at the end of the year and is delivered to the Federation Treasury in April.
By law, 70% of this money is used to reduce public debt, and the rest to funds to contribute to the financial stabilization of the country.
