In a recent report by Reuters it was reported that Mexico's finance minister has predicted the growth for 2012 and 2013. It is expected that given there is not severe economic setback, the Latin America's second-largest economy shall grow between 3.5% and 4%  for both this year and next.

"This year, Mexico has had a favorable economic performance and, as long as there are no extreme scenarios internationally, it is expected to maintain growth of between 3.5 percent and 4 percent in 2012 and 2013," Finance Minister Jose Antonio Meade said.

The outlook maintains the government's previous estimates for this year and marks the first official forecast for 2013. The majority of analysts expect growth to be closer to 4 percent this year.

The growth graph of Mexico is going towards an upward route. This economic recovery is attracting investors from all over the globe. Mexico real estate industry has turned into a lucrative investment hub with value of property appreciation like nowhere else. The country is on the resurgent path and no force can stall its growth. Infact the new President seems quite promising with plans to introduce reforms which shall accelerate the growth even more.

From hosting summits of international standards to breaking records on the tourism, Mexico has come a long way. It has left behind its disturbing elements to progress in the investment sector. Mexico Auto production and sales have reached new heights and return on investment is reaping benefits. Mexico is also making strong progress in IT.  Even World Economic Forum's competitiveness report has lauded Mexico's growth. With such positive attitude, it is estimated that Mexico will overtake Brazil to become Latin America’s leading economy.

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