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Mexico Edges Closer to Investment-Grade Risk in 2027 Budget

Key Facts — What happened. Analysts say Mexico’s newly delivered 2027 Paquete Económico (economic budget package) leaves little room before a possible investment-grade downgrade. — How big.

  • Mexico's 2027 budget shows widening fiscal gap and potential challenges for investment-grade status.
  • Projected revenue lower than spending, requiring nearly MXN$1.7 trillion in new borrowing.
  • Debt ratio expected to reach 55% of GDP by 2027, contradicting pledged fiscal consolidation.

Chile: IMF Backs Kast Agenda, Sees 3% Growth Path

Key Facts — What happened. The IMF (International Monetary Fund) publicly backed the economic agenda of Chilean President José Antonio Kast. — How big.

  • IMF praises Chile's economic reform agenda, projecting 3% growth
  • Copper prices and reform passage crucial for growth forecast
  • IMF urges Chile to boost fiscal reserves during favorable period

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