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Mexico Reverses Aviation Budget Cuts Ahead of Key FAA Audit
By Óscar Goytia - Mon, 10/05/2026 - 13:10
Mexico pledges full 2027 funding for SENEAM and AFAC, overturning steep budget cuts amid pending FAA audit results and long-term upgrade plans.
https://mexicobusiness.news/tag/shcp
More Finance & Fintech
Mexico GDP Rebounds 1.4% as Rising Debt Service Risks Growth
By Duncan Randall - Tue, 09/22/2026 - 10:56
Mexico's GDP grew 1.4% in 2Q26, but rising public debt interest payments — projected at 4% of GDP in 2027 — pose long-term fiscal risks.
Government Saves MX$84 Billion in Purchases / Hurricane Polo
By Fernando Mares - Tue, 09/22/2026 - 09:50
Minister Raquel Buenrostro reported savings of up to MX$84 billion through preventive oversight, tender reviews, and procurement monitoring.
CNBV Revokes Operating Licenses of Two Non-Bank Lenders
By Duncan Randall - Fri, 09/18/2026 - 11:00
CNBV revoked operating licenses for two non-bank financial institutions: Unión de Crédito Mexicano de Servicios Profesionales and Acción y Evolución.
Mexico 2027 Budget Proposal Triggers Scrutiny from Private Sector
By Duncan Randall - Tue, 09/15/2026 - 10:43
Mexico's 2027 budget proposal faces expert skepticism over whether gradual deficit targets can prevent sovereign credit rating downgrades.
Nu Enters US Market, Launches Nu Global Digital Account
By Duncan Randall - Mon, 09/14/2026 - 09:46
Nu enters the US market with a fee-free digital account while launching Nu Global, backed by full banking operations and investments in Mexico.
Mexico Proposes 44.5% Cut to Mining Extraction Budget for 2027
By Paloma Duran - Fri, 09/11/2026 - 13:23
Finance Ministry has proposed a 44.5% real-terms cut to non-oil mineral extraction spending for 2027, alongside a 3.1% reduction for the SGM.
Aviation Groups Warn Against Proposed 74% Cut to Mexico's AFAC
By Óscar Goytia - Fri, 09/11/2026 - 12:27
Canaero and IATA oppose a proposed 74% budget cut for Mexico's AFAC, warning it risks aviation safety as FAA audit results loom.
Mexico Expands Eco-Credit Program to Cut MSME Energy Costs
By Duncan Randall - Fri, 09/11/2026 - 10:56
Mexico expands the Eco-Crédito Empresarial program, offering MSMEs up to MX$2 million to upgrade energy technology and lower electricity bills.
Hacienda Seeks 3.5% Deficit in 2027; Digital Economy Law Proposal
By Duncan Randall - Thu, 09/10/2026 - 11:58
This week in finance: Hacienda seeks 3.5% deficit in 2027 Economic Package as Sheinbaum seeks Digital Economy Law to curb cash use.
Mexico Targets 3.9% Deficit to Keep Credit Rating: SHCP’s Amador
By Duncan Randall - Thu, 09/10/2026 - 08:54
Mexico targets a 3.9% GDP fiscal deficit for 2027 to protect investment-grade ratings while raising tax collection to a record 15.9% of GDP.