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Nuevo León Drafts MX$12,397 Million in 2027 Borrowing

The proposed MX$177.939 billion package includes MX$2.707 billion for Agua y Drenaje; the state says the formal budget is due before Congress on Nov. 20.

Illustration for: Nuevo León Drafts MX$12,397 Million in 2027 Borrowing

Nuevo León’s Treasury presented a draft 2027 fiscal package totaling MX$177,939 million to local legislators and business representatives on Oct. 21. The proposal also seeks MX$12,397 million in borrowing, El Norte reports.

The borrowing proposal includes MX$2,707 million in financing for Agua y Drenaje de Monterrey. Milenio reports that the central-government portion would support completion of Metro works; the package remains a proposal, not an approved budget.

The draft includes no new taxes and proposes a 7.2% increase in municipal transfers. Milenio says the state intends to file the formal package with Congress by Nov. 20, leaving legislators to review its size and debt request.

  • Draft package: MX$177,939 million
  • Proposed borrowing: MX$12,397 million
  • Agua y Drenaje financing: MX$2,707 million
  • Municipal transfers: proposed increase of 7.2%
  • Formal filing deadline: Nov. 20
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Sources · 2 sources

The primary reporting behind this brief. Open in a new tab.

  1. El Norteelnorte.com
  2. Mileniomilenio.com