President Claudia Sheinbaum's proposed 2027 budget reduces financial support for state-owned Petróleos Mexicanos (Pemex) to 81.1 billion pesos ($4.8 billion), a 70% decrease from prior levels, according to Bloomberg reporting on September 9–10, 2026.
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Mexico’s government aims to reduce its financial support for state-owned oil company Petroleos Mexicanos’ debt payments to 81.1 billion pesos ($4.8 billion) in 2027, down by nearly 70% from the 263.5 billion pesos budgeted this year.
Bloomberg's Alex Vasquez joins Scarlet Fu on "Bloomberg Deals." Mexicos President Claudia Sheinbaum’s proposed 2027 budget reduces support for state-owned oil company Petroleos Mexicanos, pledging 81 billion pesos ($4.8 billion) to help cover its debt payments, down nearly 70% from the amount allocated this year. (Source: Bloomberg)