BUSINESSWEEK ONLINE : DECEMBER 20, 1999 ISSUE
INTERNATIONAL -- LATIN AMERICAN COVER STORY

Mexico: Then and Now


                             1994                2000*

EXCHANGE-RATE                Fixed               Floating
REGIME

CURRENT-ACCOUNT              7%                  3.1%
DEFICIT**

FOREIGN DIRECT               37%                 71%
INVESTMENT***

INTERNAL SAVINGS**           14.7%               20.7%

PUBLIC EXTERNAL DEBT         $33.3               $2.4
AMORTIZATIONS                billion             billion

INTERNATIONAL                $6.1                $30.4
RESERVES                     billion             billion****


*Projections
**As % of GDP
***As % of current account
****As of Dec. 5.

DATA: SECRETARIAT OF FINANCE AND PUBLIC CREDIT


_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _




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