[HIGHLIGHTS] A spending cut and a debt of 50.2% of GDP: this is how the Treasury outlines the economic start of the next Government

The next Administration will have to make a major adjustment in its disbursements. The austerity that the Government of Andrés Manuel López Obrador has boasted during its mandate will be a mandatory watchword for the next Administration.

With no fiscal reform in sight and with the shielding of social programs, analysts anticipate that this downward adjustment in public spending will imply less spending on public works. The Mexican debt will close 2024 at 50.2% of the Gross Domestic Product (GDP), equivalent to 18.16 trillion pesos.