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Question 5 (20 Marks) The COVID-19 pandemic weighed negatively on the public finances of especially emerging and developing countries given the limited fiscal space. Like

Question 5 (20 Marks) The COVID-19 pandemic weighed negatively on the public finances of especially emerging and developing countries given the limited fiscal space. Like most countries, Mexico had to strengthen its social safety nets (SSN) and increase unemployment insurance. Evaluate the key attributes of Mexicos SSN and its implications on the government finances during the pandemic.

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