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Mexico: City Governments Inheriting Debt

Categories: Latin America, Mexico, Economics & Business, Governance

“As new municipal and state governments took office in early December and this month, the many and various mayors and their staffs began taking inventories of what they had inherited from their preceeding municipal governments. It is apparently not a pretty picture” writes [1] Oaxaca-based Mark in Mexico who focuses on the debt inherited by municipal governments in the state of Jalisco.