Mexico's finance ministry has publicly rebutted The Economist's warning about the country's fiscal credibility. The dispute centers on the 2027 budget and Mexico's investment-grade rating.
The 2027 Revenue Budget, which will be known tomorrow, will face the challenge of convincing the markets about the solidity of Mexican public finances, given the high cost that the country pays to place debt, according to an analysis by The Economist. The British publication pointed out that the credibility of the package will be decisive to avoid further deterioration in investor confidence and contribute to reducing the returns demanded on Mex…