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Mexico slashes Pemex support 70% in 2027 budget, raising debt default risk
El FinancieroLO·MX·2 days ago
Mexico's CCE (Business Coordinating Council) publicly urged President-elect Claudia Sheinbaum to contain debt growth and gradually reduce the public deficit to preserve the country's investment grade. This signals early private-sector pressure on the incoming administration's fiscal policy, with implications for Mexico's sovereign credit rating and market confidence.