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    aztecanoticias
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    Mexico's Debt Crisis: Each Citizen Owes \u0024140,000

    Mexico's Soaring Debt: A Nation's Burden Mexico's public debt has reached alarming levels, according to a recent report by Azteca Noticias. By April 2025, the total debt had climbed to \u002417.8 billion pesos, representing a staggering 10.8% increase in just four months. This translates to a debt of approximately \u0024140,000 for every Mexican citizen. The increase is largely due to a significant rise in both external and internal debt. External debt surged by 23%, reaching \u00244.5 billion pesos, while internal debt rose by 11% to \u002413 billion pesos. These figures are particularly concerning given the government's claims of fiscal austerity. "The report signals that despite increased tax revenue, the government's spending is outpacing its income, leading to this unsustainable growth in debt," explains an expert interviewed in the Azteca Noticias report. The report projects that the debt could exceed \u002418.8 billion pesos by the end of 2025 and reach nearly \u002420 billion by 2026. The situation underscores the need for urgent fiscal reforms and responsible spending to prevent a potential economic crisis. The long-term implications of this debt burden are significant and warrant close monitoring.

    2 months ago
    MX
    Mexico
    news summary
    debt
    Mexico's Soaring Debt: A Nation on the Brink?
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