Finally, in the aim of keeping the public finances sustainable, a commitment is in place for the stabilization and decline of the total balance of public-sector borrowing requirements over GDP in the medium term. 5 Inflation and monetary policy Annual inflation has continued to be benign at unprecedented low levels.
Specifically, for 13 months in a row, inflation has remained below the permanent 3 percent target. This is quite an achievement, as convergence to this objective assumes inflation to fluctuate  5  See SHCP (2016). “Documento Relativo al Cumplimiento de las Disposiciones Contenidas en el Artículo 42, Fracción I, de la Ley Federal de Presupuesto y Responsabilidad Hacendaria,” April.