Overview
- Mexico’s Budget Commission approved the 2026 spending bill 39–15 with no abstentions, setting total outlays at 10.193 trillion pesos and sending the draft to the full Chamber for debate starting Tuesday.
- The Mexican draft raises resources for public order and internal security by 11,120 million pesos, a 17.6% real increase, as parties clashed over priorities following the killing of Uruapan mayor Carlos Manzo.
- Argentina’s Budget and Finance Committee hits its Nov. 4 deadline with opposition blocs pushing to gather 25 signatures to issue a despacho and bring their versions to the floor before month’s end.
- The Argentine government and allied deputies seek to delay debate to December extraordinary sessions after the Dec. 10 congressional renewal, and a formal call to those sessions has not been confirmed.
- Argentina’s 2026 proposal rests on fiscal balance with official assumptions of 10.1% inflation, 5% GDP growth and an exchange rate of 1,423 pesos per dollar, while opposition drafts move to reinstate funds for disability, universities and the Garrahan hospital.