Coparmex Warns of Little Margin to Boost Growth in Mexico
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The president of the Patronal Confederation of the Mexican Republic (Coparmex) Juan José Sierra Álvarez, expressed his concern that the 2027 Economic Package leaves little room to boost the economic development of the country and maintains a strong pressure on public finances. He warned that in fact, we are using debt to finance spending [...] The article The 2027 economic package depends on demanding assumptions and maintains the pressure on pu…
"The fiscal space is reduced as the unavoidable commitments of the budget increase", establishes
CDMX.- The fact that the public debt practically finances the government's current expenditure, the low level of investments and the limited space for budgetary maneuvers, prevent the country from achieving higher growth rates, said the Confederation of the Mexican Republic (Coparmex).
The Coparmex warned that the Economic Package 2027 leaves little fiscal margin and criticized the use of debt to finance current expenditure rather than investment. The Coparmex entry alerts little fiscal margin to boost growth in Mexico was first published in La Voz de Michoacán.
Aristegui Noticias
Potosinoticias.com“In fact, we are using debt to finance current spending and not productive investment,” said the employer’s agency.
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