IMF's Rato urges Mexican structural reforms

International Monetary Fund Director Rodrigo Rato urged Mexico on Monday to carry out structural reforms, saying reforms will provide an opportunity for growth.

"The fiscal reforms are going to provide a great opportunity for growth," Rato told reporters during a visit to Mexico.

"If current projections place economic growth over the next few years at around 4 per cent, then we are talking about the economy expanding well above that level, at around 6 per cent," he said.

Rato told reporters tax