MEXICO CITY, Sept. 14 (Xinhua) -- The Mexican government's proposed economic package for 2027 offers a more realistic macroeconomic outlook by revising down its growth expectations, but it raises concerns over public debt, the Center for Economic Studies of the Private Sector (CEESP) said Monday.
In its weekly economic analysis, CEESP noted that the proposed budget, submitted to Congress last week, downgraded growth forecasts for 2026 and 2027, bringing them closer to estimates made by financial analysts and other national and international institutions.
"This adjustment to the macroeconomic framework variables reflects a more realistic outlook," CEESP said, though it cautioned that the budget figures still contain elements of optimism.
For 2026, the Finance Ministry lowered its gross domestic product growth forecast to between 1 and 2 percent, down from the 1.8 to 2.8 percent range projected in April.
For 2027, the ministry projected growth of 1.5 to 2.5 percent, according to the proposal, which awaits legislative review and approval.
According to CEESP, the Mexican government could opt for greater private capital participation in mixed-investment projects to alleviate pressure on public finances.
"Based on this scenario, a gradual path toward fiscal consolidation can be observed," the private-sector organization stressed.
The Mexican government has been pursuing fiscal consolidation for years, hoping to gradually reduce the deficit and stabilize public debt by avoiding an increasing reliance on borrowing to finance spending.
