The balance of the stabilization fundswhich help offset government revenues in the event of possible eventualities, registered a fall again at the end of last year, according to information released by the Ministry of Finance and Public Credit (SHCP).
FEIEF: The one that showed the greatest contraction was the Income Stabilization Fund of the Federal Entities (FEIEF), which registered a balance of 21,367 million pesos, 34.5% less than in 2020.
FMP: The Mexican Petroleum Fund for Stability and Development (FMP) reported a balance of 23,359 million pesos, 4.9% less in annual comparison.
FEIP: The Budget Income Stabilization Fund (FEIP) —which was used almost entirely in 2020 in the face of the Covid-19 pandemic— reported a balance of 9,907 million pesos, 1.3% less than at the end of 2020.
