The Employers’ Confederation of the Mexican Republic (Coparmex) urged this Monday to review the 2025 Economic Package (PEF) proposed by the federal government, based on realistic projections to avoid uncertainty and risks to the country’s development.
In a statement, the employers’ organization, responsible for 30% of Mexico’s GDP, warned that reductions in key areas such as security, education and health could compromise the well-being of the population and economic growth.
“At Coparmex we believe it is essential that the cuts do not affect security, education and health, pillars of the country’s well-being and development,” said the confederation, emphasizing that these sectors are essential to generate conditions conducive to investment and competitiveness.
The budget presented includes a real reduction of 1.9% compared to 2024, with a particularly notable cut of 36.2% to the Secretariat of Security and Citizen Protection (SSPC).
Read: Treasury delivers 2025 Economic Package to Congress; Public deficit will drop to 3.9% of GDP
According to Coparmex, this decrease contradicts the necessary efforts to combat insecurity and strengthen the rule of law, in the midst of a notable crisis of violence and uncertainty due to the renewal of the Judicial Branch in citizen elections.
Another point of concern that the Mexican employers’ association pointed out was the projected public investment, which is equivalent to 2.8% of GDP, far from the 5% necessary to trigger sustained growth and strengthen infrastructure.
In this sense, Coparmex warned about the increase in public debt, intended to cover current expenses, instead of promoting development projects.
“The GDP growth estimates for 2025, in the range of 2% to 3%, present a discrepancy with the forecasts of various specialists, who project a growth of between 1.2% and 1.4%,” said Coparmex.
This discrepancy, he added, could put fiscal goals, such as reducing the deficit to 3.9% of GDP, and expected tax revenues at risk.
Coparmex recognized the government’s effort to maintain fiscal discipline, in an effort not to create new taxes or increase existing rates, as well as to reduce the fiscal deficit, but urged the implementation of measures to strengthen collection without affecting compliant taxpayers and prioritize spending in areas that boost productivity and reduce social inequalities.
Read: Government proposes a 7.5% reduction in Pemex spending in 2025
Coparmex reiterated its willingness to collaborate with the authorities in the construction of an inclusive and sustainable economic model.
“Because no one is better than all of us together, we insist on the importance of a budget that prioritizes economic development with a social focus, ensuring that no one is left behind,” he concluded.
With information from EFE
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