Politics · Mexico · 1 hr ago
Mexico’s 2027 budget proposal projects record revenue and higher debt
Mexico’s Chamber of Deputies has resumed reviewing the federal economic package for 2027.
The proposal estimates total revenue of about 10.6 trillion pesos, including 6.26 trillion pesos from taxes, and projects public debt at 55% of GDP.
It also forecasts a fiscal deficit of 3.9% of GDP and includes about 1.48 trillion pesos in financing.
Proposed tax changes would adjust eligibility limits for Mexico’s simplified tax regime, while the package would not create new taxes.
It also proposes higher fees for some visitors and visa-related consular services.
The changes are intended to support revenue collection and improve tax compliance.
A congressional committee is expected to discuss and vote on the bills, which could then go to the full chamber for debate and a vote.
Mexico’s 2027 budget proposal projects total revenue of 10.636 trillion pesos and public debt of 55% of gross domestic product.
The proposal estimates budget revenue at 9.16 trillion pesos, including 6.26 trillion pesos in tax revenue.
It projects a fiscal deficit of 3.9% of GDP and about 1.48 trillion pesos in financing.
The Chamber of Deputies resumed review of the package on October 12, considering three bills on revenue, income tax and federal duties.
Proposed changes include adjustments to a simplified tax regime and higher fees for some visitors and consular services.
- Who
- Mexico’s federal government proposed the budget; the Chamber of Deputies is reviewing it.
- What
- The 2027 economic package projects record revenue and higher public debt, and proposes tax and fee changes.
- When
- The Chamber of Deputies resumed its review on October 12, 2026. The package was presented in September.
- Where
- Mexico.
- Why
- The proposal aims to strengthen revenue collection and improve tax compliance without creating new taxes.
This story does not have two clearly opposing sides.
The federal executive presented the economic package.
The Chamber of Deputies resumed analysis of the package and reviewed three proposed bills.
- Projected total revenue
- 10.636 trillion pesos
- Projected budget revenue
- 9.16 trillion pesos, or 23.2% of GDP
- Projected tax revenue
- 6.26 trillion pesos
- Projected public debt
- 55% of GDP in 2027, up from 54% in 2026
- Projected fiscal deficit
- 3.9% of GDP
What people are saying
the package enters a decisive week
a sober and responsible budget
Sources
Related news
13.4 million people in Mexico moved out of poverty from 2018 to 2024
UNAM opens registration for more than 90,000 student scholarships
Mexico City’s Mercomuna vouchers help families buy food at local shops
Mexico committee backs proposed 2027 increases to visa and health fees
Puebla reports 281 security operations and 122 arrests in early October
Meli Espinoza faces criticism over massage video after returning to Morena
Mexican Senate committee approves school phone restrictions
Social Security workers’ union schedules national wage consultation in Mexico
IMSS workers block Insurgentes Avenue in Mexico City
Officials review plan for eastern State of Mexico municipalities
Memes mark Mexico’s 12 October Pluricultural Nation Day
