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Mexico

Mexico's lower house approves 2027 budget with 6 billion peso cut to electoral agency

The cut to the National Electoral Institute ahead of the 2027 midterm elections raises funding questions for the body that runs Mexico's vote.

Photo: The Rio Times

What happened

Mexico's Chamber of Deputies approved the 2027 Federal Expenditure Budget in general terms on Monday night, November 9, after six hours of debate. International Business Times+1 The bill passed 372 votes to 102, with Morena, the Green Party, the Labor Party and Citizens' Movement in favour and the National Action Party and Institutional Revolutionary Party against. International Business Times+1 The budget package totals 10.636 trillion pesos and includes a cut of about 6 billion pesos to the National Electoral Institute. International Business Times+1 Legislative debate continued on Tuesday over reservations submitted by parliamentary groups, and the full chamber still had to resolve pending amendments. International Business Times

Around it

The cut is about 6 billion pesos, roughly US$320 million, and will be applied in a year of intense electoral activity. International Business Times+1 The institute's provisional president, Blanca Cruz, said it will protect essential work for the midterm elections and decide which other projects must change. The Rio Times

What comes next

Votes on the reserved articles and pending amendments remain to be held in the Chamber of Deputies. International Business Times+1

Sources

  1. International Business TimesINE budget cut and rising debt costs shape fight over 2027 federal budget
  2. The Rio TimesMexico's Election Agency Faces US$320M Cut

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