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l Income project And the Federation Expenditure Budget for Fiscal Year 2026, plus the guiding criteria of the economic policy proposed as an economic package, has an essential characteristic: deepen the social commitment of the Mexican State, the prioritization of the sectors that they have less, to boost well -being, raise the entry into the base of the pyramid, and continue to temper social inequalities.
A fact stands out immediately, of the 10.1 billion of the Federation’s Egre-Sos Budget, the tenth part are specifically for social programs, resources destined for priority initiatives that benefit more than 80 percent of households, but especially to the most vulnerable sectors of society and also to which the foundations of the future are sitting, older adults, jó-venes and women entrepreneurs from 60 to 64 years. It is an exercise of social justice, which continues the effort of the previous government, but without pre-caves in the volume destined for these items.
But, in addition, it will continue to strengthen the real salary of workers, especially the minimum wage, in recent years with the greatest increase in Latin America and, in percentage terms, the largest among the 38 OECD countries. The main factor for more than 13 million Mexicans to have left the threshold of poverty in the previous six -year period.
Something not very prominent in the media, but very important, is the formidable increase in public spending for states and municipalities: in the field of shares to federative entities and municipalities there is an increase of 14.9 percent, from $ 1,267,596,450,043.00 to $ 1,456,045,894,280; While in the field of federal contributions for federative entities and municipalities there is an increase of 5.67 percent, from $ 985,976,898,334 to $ 1,041,892,906,925.
In fiscal matters, the Ministry of Finance projects that tax collection reaches a historical maximum of 15.1 percent of GDP in 2026, without creating new general taxes, only some tax adjustments to sugary drinks and tobacco, as well as a special tax on video games with violent content.
Instead of new generalized taxes, the commitment is to increase collection with the use of new information technologies, system digitalization, to simplify and expedite tax payments and avoid tax evasion. The Federation’s Income Law initiative for 2026 projects that the Federal Government will have total income for 10 billion 193 thousand 683.7 million pesos, which represents an increase of 12.4 percent in nominal terms compared to 2025, where the approved revenues were 9 billion 66 thousand 45 million pesos.
This increase in income will cause the objective of social responsibility to be reconciled with the sense of fiscal responsibility: not to alter the necessary equilibria in public finances, the support of the income for the different expenditures, and without hiring more debt in a percentage relationship to the GDP, so as not to unleash an inflationary spiral that ends limiting the purchasing capacity of the salary, maintaining inflation around 3 percent annual, of the children in Latin America parameters of developed countries.
The fiscal responsibility economic proposal aims to reduce the deficit to 4.1 percent of GDP in 2026, less than 4.3 percent estimated by 2025, lower it from 4 percent in 2027, and maintain a downward trend throughout the six -year period.
The balance in the economic indicators will make, in the projection presented, that the Mexican peso continues to maintain its strength, despite the times of turbulence and uncertainty that is lived in international markets, with an average exchange rate of 18.9 pesos per dollar.
Among the projections, economic growth of between 1.8 and 2.8 percent is expected by 2026, an average higher than the one we have had in the 21st century, driven by the strength of household consumption and national investment, where they stand out, in terms of public investment, more than 228 billion pesos in strategic infrastructure, with relevant projects in rail transport – as the Felipe Ángeles International Airport Pachuca, and Querétaro and Irapuato– Road modernization and strengthening of the port, water and agricultural infrastructure. It is also contemplated to consolidate the transist-sex megaproject that will communicate to the two oceans, the Pacific and the Atlantic, and will detonate development in the Mexican southeast.
In sum, a budget of expenditures of the Federation will always be insufficient for the size of the lag accumulated in decades of neglect and oblivion, especially for the sectors that they have less, but the budget and fiscal year 2026 will not only promote economic growth and the creation of jobs, but with a high social sense will continue to channel the fruits of development and public resources to the lowest deciles of the national income table, to build a more country prosperous and less unfair.
