Overview
- Mexico’s Budget Committee approved the 2026 Expenditure Bill 39–15 with zero abstentions, advancing a total outlay of 10,193,683.7 million pesos without changes.
- The plan raises net spending by 891,667 million pesos, a 5.9% real increase over 2025, in President Claudia Sheinbaum’s first budget.
- Public order and internal security funding would rise by 11,120 million pesos, a 17.6% real increase, as the killing of Uruapan mayor Carlos Manzo Rodríguez intensified calls for municipal resources.
- The dictamen goes to the full Chamber on Tuesday, with a marathon debate expected to run into late Thursday or early Friday.
- In Argentina, opposition blocs met with Finance Secretary Carlos Guberman and budget chair Bertie Benegas Lynch and plan to sign a committee report on Tuesday to push for a vote before month-end, while the government seeks delay until around December 10 under a draft projecting 10.1% inflation, 5% GDP growth, a 1,423 pesos per dollar rate, and large allocations to universities, pensions, health, and education.