Politics · Mexico · 3 hrs ago

Mexico’s 2027 spending plan advances in committee

Mexico’s 2027 spending plan advances in committee

A committee in Mexico’s Chamber of Deputies approved the 2027 spending plan, which sets out how the government proposes to spend public money.

The plan totals more than 10.6 trillion pesos, 442.8 billion pesos more in real terms than the 2026 budget.

It includes 1.6 trillion pesos for debt costs, 2.46 trillion for government departments and 1.13 trillion for investment.

Two new budget sections would track spending on mobility and road safety, and on programs addressing discrimination against sexual and gender minorities.

The committee’s PRI member Mario Zamora Gastelum said the changes to the government’s proposal were limited, though he welcomed about 6.5 billion pesos for Guadalajara’s aqueduct.

The full chamber is expected to debate the plan on November 9, and the deadline for approval is November 15.

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What people are saying

Merilyn Gómez PozosChair of the budget committee
Mexico faces a complex international situation, marked by geopolitical tensions and changes in trade policy.
via Expansión MX
90.5% will go to physical investment, which will provide resources for infrastructure, resulting in greater competitiveness and job creation.
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Mario Zamora GastelumPRI lawmaker
After weeks of work, forums and 46 committee opinions, they moved only one peso for every 2,000.
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I am glad they have turned their attention to that problem and are thinking about solving it.
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