Mexico's Credit Rating Stays Strong and Stable

Following the approval of the 2025 Federal Expenditure Budget by the Chamber of Deputies, the credit rating agency Standard and Poor's confirmed last Friday that Mexico's long-term ratings are 'BBB' in foreign currency and 'BBB+' in local currency, maintaining a stable outlook. The agency stated that this stability is due to the expectation of responsible monetary policy and a return to reduced fiscal deficits that stabilize the country's public finances.

After this assessment, S&P does not foresee any changes to the rating over the next 12 to 18 months. The Ministry of Finance emphasized that the credit agency praised the government's commitment to fiscal consolidation, sound macroeconomic management, and prudence in fiscal and monetary policies. "These factors will help ensure the sustainability of public debt, maintain investor confidence, and facilitate access to global capital markets,” the Ministry added in a statement. It also noted that potential tensions between Mexico and the United States concerning trade and immigration will be managed pragmatically, preserving economic stability and deep economic integration between the two countries. Information provided by Reuters.

It is essential for the country to remain on the path of fiscal and monetary prudence, as this not only secures the credit rating but also creates a conducive environment for investment. As Mexico navigates an uncertain global context, fostering a climate of confidence both locally and internationally is key to ensuring sustainable growth and long-term economic stability.