The Government of Mexico, through the Ministry of Finance and Public Credit (SHCP), presented the Economic Package 2026, characterized as humanistic and ensuring the continuity of all Programs for Wellbeing. The proposal includes increases in health, education, housing, security, public investment, and the financial rescue of Petróleos Mexicanos (Pemex), without raising the Value Added Tax (VAT) or the Income Tax (ISR).
President Claudia Sheinbaum Pardo emphasized that this is a responsible budget that guarantees the rights of the population. She clarified that, contrary to certain reports, investment in health will not decrease but will instead be strengthened, particularly through IMSS Bienestar, along with increases in education, housing, and public infrastructure. “All the rights of Mexican men and women are guaranteed, and at the same time, investment is guaranteed,” she stated during the morning press conference.
The Economic Package 2026 proposes new sources of revenue through anti-corruption efforts at customs, protection of industries such as textiles, automotive, and footwear under the Plan México, and measures to prevent tax evasion. It also includes initiatives to discourage the consumption of sugary drinks for public health purposes and the elimination of deductions for payments to the Fobaproa fund.
Finance Secretary Edgar Amador Zamora explained that this is a historic budget with a social focus. He detailed that Programs for Wellbeing will receive 987 billion pesos, equivalent to 2.5% of the Gross Domestic Product (GDP). Health will receive 966 billion pesos, housing 399 billion, education 1.1 trillion, public investment 1.3 trillion, and security 201 billion pesos. In real terms, this represents increases of 7.5% in welfare, 9.6% in health, and 7% in housing.
In terms of infrastructure, 143 billion pesos will be allocated to railway expansion, 247 billion to Pemex, 61 billion to the Federal Electricity Commission (CFE), and 20 billion to hydraulic works. With these actions, the Federal Government affirmed, public investment is consolidated as a driver of development, while advancing in the rescue of Pemex and addressing the debt inherited from previous administrations.
