Mexico presents budget 2027: will spend 10.63 trillion pesos

WHAT HAPPENED

Mexico proposed to spend 10.63 trillion pesos in 2027. The deficit would be 3.9% of GDP, so the government would continue to borrow. VAT and general tax rates would not increase, but some large companies and irregular fuel operators would pay more.

WHY IT MATTERS

A deficit of 3.9% means that the government will lack money after collecting taxes and will have to incur debt. This affects credit and leaves less room for future spending. Large companies, distributors, gas stations, and the gasoline market will feel the changes first.

AND FOR YOUR PORTFOLIO

For a long-term investor, the plan presents two signals: some large companies may pay more taxes and earn a little less; gas stations and distributors will need to better demonstrate the origin of each liter. For the consumer, no immediate change in gasoline prices is expected.