“The Government of Mexico will continue with a prudent and responsible management of public finances, keeping the debt as a percentage of GDP on a stable and sustainable path to contribute to national economic stability,” the Treasury said in a statement.
On December 2, the government announced the repurchase of two bonds to reduce external debt amortizations. It is expected that in 2025 there will be a payment of the debt of 3,000 million dollars.
Debt control has been one of the pillars of the López Obrador government, a factor that international organizations have highlighted.
However, for Intercam analysts, the need to keep social programs afloat due to their possible electoral cost in the year prior to the presidential elections could encourage the current administration to abandon its “hitherto ironclad” fiscal discipline.
