Financial Times – Mexico plans to cut spending by another $5.8 billion in 2016, finance minister Luis Videgaray said, after its economy was buffeted by tough global economic conditions and especially the drop in oil prices.
http://www.ft.com/intl/cms/s/0/078d9b32-5688-11e5-97e9-7f0bf5e7177b.html#axzz3lG3TUKN7