Overview
- The Chamber of Deputies rejected any cuts to social or health spending and backed a 30% consolidation of existing programs to improve execution without reducing resources.
- Overall budget levels will remain unchanged and no new debt will be incurred as funds are redirected through streamlined program delivery.
- More than 500 billion pesos has been secured for the Universal Pension for Older Adults, ensuring support for over 15 million beneficiaries.
- A series of open parliamentary hearings will allow citizens and sector representatives to contribute to final allocation decisions.
- Key deadlines include delivery of the Economic Package by September 8, approval of the Income Law by October 30, and final passage of the Expenditure Budget by November 15.