Overview
- Peru’s Congress Budget Commission approved the 2026 public budget text for S/257.562 billion by 22–0 (one abstention), sending it to a plenary debate set for next week.
- MEF chief Denisse Miralles defended priorities in security, health, education, social protection, connectivity and agriculture, saying changes will be weighed under a 1.8%‑of‑GDP deficit goal as lawmakers submit regional project requests.
- Baja California’s IEEBC approved a 2026 operating budget of 304.491 million pesos and set total public party financing at 156.691 million, including a reserve for possible plebiscites and referendums in a year without scheduled elections.
- Based on state rules and the 2023–2024 vote, local media report PESbc would receive about 52% of Baja California’s public party funds in 2026 because it is the only registered local party.
- Across subnational budgets, Catamarca’s legislative allocations are overwhelmingly current spending, Córdoba projects a 1.25‑trillion‑peso structural pension gap, and the State of Mexico proposes no new debt with 19,818 million pesos for public works out of 410,342 million in estimated revenue.