The rise in interest rates internationally, to try to contain the high levels of inflationcaused the financial cost of the debt to increase last year as it had not done for four years, according to information from the Secretariat of Finance and Public Credit (SHCP).
In the Report of Public Finance and Public Debt to the fourth quarter of 2022it was exposed that the federal government paid 815,221 million pesos for the service of the debt during all of last year, which meant a growth of 10% in annual comparison.
This is the largest increase in debt service since the last year of the government of Enrique Pena Nietowhen it grew by the same magnitude.
