[PEN-L:5159] More trouble coming in Mexico

[D Shniad <shniad@xxxxxx>]

MEXICAN DEBT LOOMING AS AN EXPLOSIVE PROBLEM

According to figures by Mexico's Treasury
Secretariat, as of March 31, 1995, debt service has
increased in a very significant way:

     Total external public debt outstanding (3/31):
	$87.5 bn dlls.
     Total external debt service payments (1Q):
	$ 9.5 bn dlls.
     Total internal public debt outstanding (3/31):
	$29.4 bn dlls.
     Total internal debt service payments (1Q):
	$ 3.2 bn dlls.

As a percentage of Gross Domestic Product, in the
last three months the total public debt has
increased from 35 to 52.3%.  So despite the upbeat
talk from Mexican and U.S. government spokespeople,
it appears that it's just a matter of time until
the country's debt crisis explodes again.

     Source -- MEXPAS: Bulletin # 22, Information