MEXICAN ECONOMIC EXPANSION

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STORY: MEXICAN ECONOMIC EXPANSION DATELINE: Jan. 31, 2011 LENGTH: 0:01:17 LOCATION: Mexico City PKG Intro: Last year, Mexican economy expanded 5.3 percent with the last quarter's growth reached a yearly rate of 3.8 percent. Economy Report has the details. Pkg: The finance secretariat reported on its tri-monthly inform about the economic situation, the public finance and the public debt. The authority details that the growth rhythm is moderated in front of the last quarter because of a minor expansion of the external demand. It adds that the economic evolution had been better than expected. And there is a high point of the US expectations. On public finances, the secretariat informs that, in the end of 2010, the public debt stood at 30.3 billion US dollars, amounting 2.8 percent of the nation's GDP. While the deficit was of 8.3 billion dollars, 0.8 percent of the GDP. The re-caudation of the rent system grew 9.7 percent in December year on year, and the tax-added value g Powered by www.newslook.com Producer : Xinhua News Agency

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