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Mexico Confirms Remittance Drop Tied to U.S. Migration Crackdown

The president says the slide has been cushioned by stable finances and social programs.

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Overview

  • Claudia Sheinbaum reported a 16% month-to-month fall in remittances from June to July and about a 5% decline so far this year, returning flows to roughly 2022 levels after sharp increases in 2023–24.
  • The government attributes the downturn primarily to tightened U.S. migration measures affecting Mexican workers and is coordinating a detailed review with Banco de México.
  • The Foreign Ministry said 82,049 Mexicans have been repatriated since Jan. 20, with 47,594 receiving consular assistance and 1,641 detained in immigration raids.
  • Mexican consulates made 6,326 visits to U.S. detention centers between Jan. 20 and Aug. 20, documenting overcrowding, poor hygiene, prolonged stays and limited medical care.
  • SRE officials reported a 91% drop in irregular encounters between Oct. 1, 2024 and Aug. 20, 2025—from 3,640 to 285—and the government is promoting the Finabien card to facilitate money transfers.