Overview

• The Paquete Económico 2026 sets total spending at about 10.1 trillion pesos and projects 8.7 trillion in tax revenues (15.1% of GDP), with social programs around 987 billion pesos.
• A decree published in the Diario Oficial imposes 10%–50% duties on 1,371 import lines from countries without trade agreements, taking effect 30 days after publication through December 31, 2026, with Hacienda estimating roughly 70 billion pesos in extra revenue.
• A reform to the Customs Law was sent to the Chamber of Deputies to hold customs brokers accountable, require documented verification, install electronic controls and video surveillance, curb parcel fragmentation and enforce tougher sanctions.
• Spending is reprioritized with an 87% real increase for the Energy Ministry to 267,439 million pesos and a 17.5% real cut to the civilian Security Ministry to 60,110 million, as the government notes the Guardia Nacional is now budgeted under the Defense Ministry.
• Pemex remains a key pressure: 46% of its debt matures in this administration and 26% in 2025–2026, with about 250 billion pesos due in 2026 alone; authorities pledge continued support through 2026 and target stabilization by 2027.