Overview
- Mexico’s Chamber of Deputies passed the 2026 spending bill with MXN 17,788 million in redistributions and sent it to the Executive after a 355–132 vote.
- The package trims MXN 15,805 million from the Judicial branch, MXN 1,000 million from the INE, MXN 933 million from the FGR, and MXN 50 million from the CNDH, with proponents calling the changes budget-neutral.
- Education receives the largest boost, including MXN 10,843 million more for Ramo 11, alongside increases for culture (MXN 1,986 million), environment (MXN 1,500 million), agriculture (MXN 641 million) and labor (MXN 319 million).
- The Mexican debate turned fractious on the floor with insults, banners and interruptions as opposition parties condemned cuts and questioned security funding.
- Peru’s finance ministry reported S/44,085 million in public investment executed from January to October (62.9% of the annual investment budget) and is advancing a decree to channel up to S/1,200 million to citizen security and essential services.