EnergyHighConfirmedAccelerating
8.2
Mexico slashes Pemex support 70% in 2027 budget, raising debt default risk
El FinancieroLO·MX·2 days ago
Mexico's 2027 budget proposal cuts the Energy Ministry's real resources by 69% versus 2026, with Sener, CFE, and Pemex leading reductions. The move signals a sharp fiscal consolidation and potential shift in state energy policy, though details on operational impact remain unclear.