Overview
- The approved income law contemplates 10.193 trillion pesos and has been sent to the Executive for publication after a majority vote in the Senate.
- It sets an internal borrowing ceiling of up to 1.7 trillion pesos and authorizes up to 15 billion dollars in external debt, aligning with a projected fiscal deficit of 4.1% of GDP for 2026.
- Tax receipts are projected at 5.8 trillion pesos, reaching 15.1% of GDP, under macro assumptions that also foresee 1.8%–2.8% economic growth.
- The Chamber of Deputies received a budget draft totaling 10.193 trillion pesos that currently excludes Morena’s signaled 17–18 billion pesos in reallocations, with rules adopted to accelerate floor consideration next week.
- The distributed draft shows cuts to security, culture, agrarian and environment ministries, reductions for INE and INEGI, and a 15-billion-peso increase for the federal judiciary, alongside measures reducing IPAB fee deductibility and temporary tax exemptions for FIFA-linked World Cup participants.