Overview
- The 2026 draft budget assigns 525 billion pesos (about $27.2 billion) to Plan México projects versus an estimated annual need of 891 billion pesos (about $46.2 billion).
- The government projects 5.3 trillion pesos in total investment for 2025–2030, but the plan lacks a year‑by‑year funding path, so IMCO uses an average to gauge feasibility.
- Energy, water and transport face shortfalls, with water projects at 20.8 billion pesos versus a 31.1 billion annual need and transport at 196 billion versus a 280 billion requirement.
- IMCO flags a 16.7% real reduction in CFE investment for 2026 and notes Pemex output at roughly 1.6 million barrels per day against a 1.8 million target for 2030.
- The spending plan will be debated in the Chamber of Deputies in November, and IMCO urges public‑private partnerships and stronger legal and regulatory certainty.