Difference between income and expense
Treasury figures detail that, at the end of August, the arrival of income was 5,049 billion pesos, which represented a real annual increase of 3.6%. Meanwhile, public spending reached almost six trillion with 5,947 trillion, and an increase of 9.6% real annually.
Meanwhile, the Historical Balances of the Financial Requirements of the Public Sector, the largest sample of public debt, amounted to 16,557 billion pesos at the end of August, while the net debt of the Federal Public Sector stood at 16,660 billion.
In the accumulated period from January to August, total net spending grew 9.6% in real annual terms. The component allocated to the provision of public goods and services stood out, which registered a real annual increase of 11.6%, the highest since 2014, said the Treasury.
Physical investment increased 20.2% in real terms compared to January-August of the previous year, the highest increase since 2014 for the same period. In particular, the Federal Government’s direct physical investment increased 59.6% in real terms annually.
Meanwhile, the financial cost registered a real annual increase of 4% during January-August, in a context of restrictive financial conditions; With respect to the program, 46,000 million pesos were below expectations.
Expenditure on participations to federal entities and municipalities grew 4.7% in real terms compared to January-August 2023, as a result of the 3.7% real increase in participating federal collection.
