Interview with Mexico's Ortiz

Guillermo Ortiz told the Financial Times in an interview that he did not regard the budget deficit itself as a threat to the economy. Fiscal prudence had been maintained. But he issued a tacit warning to law makers that public mood might shift against them if their actions were seen as obstructing reform for the sake of it.

Mexico needed a wake up call as it faced increasing competition in world markets, he added: "If the political establishment doesn't realise that the world has changed for

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