Mexico's Economic Outlook for 2025
Mexico's 2025 budget faces slower growth, but AI, trade deals and domestic demand offer a boost. Tightrope walk on public spending with cuts planned. The new government inherits a complex picture and a tight deadline for budget approval.
The Chamber of Deputies, those elected tightrope walkers of Mexican pesos, are preparing for their annual balancing act – approving the Federation Expenditure Budget (PEF) for 2025. This isn't just any budget; it's the first act of the next six-year presidential term, setting the stage for the economic performance to come.
The Ministry of Finance and Public Credit (SHCP), ever the concerned circus ringmaster, has already unfurled the big top – the "General Pre-Criteria of Economic Policy 2025". This document sketches out the main attractions of the coming fiscal year, and it paints a picture of a more cautious economic tightrope than we've seen recently.
