Global Companies Call on Mexico to Maintain Fiscal Consolidation

Global Companies Call on Mexico to Maintain Fiscal Consolidation

The Global Business Council, which brings together 60 major companies from around the world, has urged the legislature to ensure that the final version of the 2027 tax package maintains the path of fiscal consolidation, which it has emphasized as essential for preserving investment.

The private organization headed by Manuel Bravo confirmed that Mexico meets the requirements to continue establishing itself as a strategic destination for global investment.

Therefore, according to the association, it is essential to maintain the stability and certainty that are fundamental to realizing the potential for greater growth, employment, and well-being. Companies have been leaders in more than 20 sectors of the economy, accounting for more than 40% of foreign direct investment, driving national supply chains, and generating 10% of the Gross Domestic Product (GDP).

With the presentation of the 2027 Economic Package, companies recognized the importance of responsible management of public finances and highlighted the open dialogue maintained by the Mexican government with the private sector.

During the review and discussion of the Economic Package in the Congress of the Union, it was emphasized that maintaining Mexico’s investment-grade rating is a priority.

In a statement, the Council of Global Companies highlighted that sustainable public finances, certainty, and stability help strengthen confidence in the country and create better conditions for attracting long-term investment.

Therefore, strengthening public finances requires broadening the tax base. This can be achieved by promoting more robust value chains that enable more Mexican small and medium-sized enterprises (SMEs) to grow, enter the formal economy, and establish ties with large companies, thereby helping to generate greater investment, employment, and development—and, as a result, a broader and more sustainable tax base—without affecting companies that have already invested in the country.

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