Business

Mexico's Economic Outlook for 2025

Mexico's 2025 budget faces slower growth, but AI, trade deals and domestic demand offer a boost. Tightrope walk on public spending with cuts planned. The new government inherits a complex picture and a tight deadline for budget approval.

Mexicanist

May 17, 2024 — 5 min read

Mexico's economic engine: A mix of domestic strengths, trade partnerships, and AI advancements.

The Chamber of Deputies, those elected tightrope walkers of Mexican pesos, are preparing for their annual balancing act – approving the Federation Expenditure Budget (PEF) for 2025. This isn't just any budget; it's the first act of the next six-year presidential term, setting the stage for the economic performance to come.

The Ministry of Finance and Public Credit (SHCP), ever the concerned circus ringmaster, has already unfurled the big top – the "General Pre-Criteria of Economic Policy 2025". This document sketches out the main attractions of the coming fiscal year, and it paints a picture of a more cautious economic tightrope than we've seen recently.

A cartoon depicting a Mexican diplomat juggling duties such as trade negotiations.

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With Donald Trump's election victory, Mexico faces significant challenges in its relationship with the U.S., including potential mass deportations and economic dependency.

A young man working in a field, surrounded by poppy plants.

The Most Dangerous Primary School You've Never Heard Of

In Mexico's Golden Triangle, where Sinaloa, Chihuahua, and Durango meet, children are groomed into the drug trade from birth. This exposé reveals how El Chapo, like many others, went from planting poppies as a child to running a global drug empire.

How to Treat Measles Like It’s 1804

In 1804, Mexico's Protomedicato published a guide for treating measles, targeting the poor. The manual detailed symptoms, remedies, and treatments - from barley water to bloodletting. While seemingly primitive by today's standards, this document offers fascinating insights.

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The Ghostly Cry of Highway 5

A woman is brutally murdered and her body is found near a highway. Her spirit, unable to rest, haunts the road. Truck drivers and motorists report seeing her apparition, sometimes as a hitchhiker, other times as a passenger.

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