For the January-August period, the Treasury had a budget for 6.28 billion pesos, but it was reported by 5.96 billion, refers to the Finance and Public Debt Report at the close of Eighth month of 2025year in which it is planned to apply the greatest adjustments to the public spending of the six -year period by Claudia Sheinbaum.
“In the accumulated to August, public spending decreased 3.6% real annual, in line with the fiscal sustainability criteria approved for the year. In its comparison with the calendar, an advance of 94.9% was observed, which ensured the provision of quality public goods and services,” said the dependency in charge of Édgar Amador Zamora in a press release.
According to the report, the highest adjustment or sub -exercise occurred in the programmable expenditure of the federal government, for 259,894 million pesos. That is, the money used by the dependencies for social programs, provide services and public goods. The ISSSTE and PEMEX also reported adjustments for 36,311 million pesos, and -32,750 million.
With this lower expense, the fiscal deficit or financial requirements of the public sector, decreased from 1.09 billion pesos in August last year, to 709,503 million pesos. Meanwhile, the historical balance of the public sector financial requirements (SHRFSP) stood at 49.5% of GDP, less than 51.3% at the end of 2024, while the net debt of the federal public sector was 50.2% of GDP.
Income reports below the scheduled
Also public sector revenues were less than scheduled. The total income was 117,988 million pesos lower than scheduled. This lack of resources obeyed the decline in oil revenues that were 229,922 million pesos less than scheduled, while tax collection was 88,656 million greater than expected.
“Income tax revenues (ISR) increased 6.9% real annual and exceeded the goal provided by 60 billion pesos, in an environment of greater formal employment and sustained increase in salaries. For their part, the resilience of domestic consumption and a more competitive exchange rate favored collection for value added tax (VAT), which increased annual real 6.2%, which meant greater income with respect to the program in 46 billion pesos, “said the SHCP.
