Mexican economy to grow 2.4 percent: Santander

Mexico (Notimex) - Mexico's economy will grow 2.4 percent this year, according to a forecast by Spanish bank Santander.

The forecast has a positive outlook for the U.S. economy, which benefits Mexico's non-oil exports.

The report also sees a positive outcome of the renegotiation of the North American Free Trade Agreement, NAFTA.

The bank added that it sees a "soft" political transition for the presidential vote this year, which includes continuity of sound public finances and monetary policy.

Photo: The sun sets in central Mexico City. Image by Jessica Espinosa/Notimex