LatinNews Daily - 11 September 2026

*Mexico’s leading business lobby, the Consejo Coordinador Empresarial (CCE), has said that maintaining the country’s investment grade, gradually reducing the public deficit, and slowing debt growth “should be the priority”, in a statement responding to the government’s 2027 economic package, which was delivered to congress on 8 September. The CCE, which represents more than 2,000 business associations accounting for roughly 80% of Mexico’s GDP, said it recognised progress toward “sustainable public finances” that would improve conditions for investment and formal job creation. It called for efficient public spending, structural solutions for state-owned enterprises, and a broader tax base. The CCE added that “those who do not meet their fiscal obligations today should pay the taxes owed”, citing evasion and false invoicing networks as targets. On revenue measures, the CCE said it wants continued “technical dialogue” to ensure the impact is equitable, alongside clear rules, legal and fiscal certainty, and access to energy and water to support investment. It welcomed incentives for small and medium enterprises (SMEs), which it said generate 70% of Mexico’s jobs, and said it valued an agreement to maintain formal follow-up talks with the government. The finance ministry’s package targets a narrowing of the fiscal deficit to 3.9% of GDP in 2027, down from 4.1% projected for 2026. While that marks continued improvement from the significant deficit inherited from the previous government, the pace of reduction is proving slower than initially envisaged by President Claudia Sheinbaum’s administration, reflecting continued spending on social programmes and infrastructure.

End of preview - This article contains approximately 251 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial