Mexico: Deputies Approve 2026 Federal Expenditure Budget in General, Exceeding 10 Trillion Pesos

  


Mexico City – The Chamber of Deputies began discussions this week on the 2026 Federal Expenditure Budget (PEF), which contemplates a historic public expenditure exceeding 10.193 trillion pesos, an unprecedented figure in national finances. After intense debate, the plenary approved the bill in general with 358 votes in favor and 133 against, marking the first step in a deliberation that will define the country's economic and social course for the coming year.

During the session, legislators from all political parties took to the podium to state their positions on the distribution of spending proposed by the federal government. While the ruling majority defended the budget as an instrument geared towards social development, infrastructure investment and the consolidation of priority programs, the opposition criticized what it considered a centralized spending policy, insufficient in terms of security and with limited incentives for economic reactivation.

The 2026 Federal Expenditure Budget (PEF) allocates significant resources to areas such as health, education, social welfare, and security, in addition to maintaining funding for strategic energy and infrastructure projects. However, opposition parties warned that the budget reflects a concentration of spending in the federal executive branch, to the detriment of states and municipalities, which could affect the implementation of local programs.

According to the schedule agreed upon by the Political Coordination Board, the debate will continue for at least three days, with the presentation of hundreds of reservations and proposed modifications by the various political blocs.

The atmosphere in the legislative chamber remains tense, with strong disagreements over budget priorities and the allocation of resources. Some legislators warned that the discussion could extend into the late hours of the night or even beyond the scheduled deadline, as has occurred in previous years.

Economic analysts point out that the 2026 Budget will be key in defining the country's economic transition strategy, in a context of global slowdown and a reconfiguration of public policies toward the end of the presidential term.

The general approval of the Federal Expenditure Budget (PEF) represents a decisive step, but the detailed discussion remains, in which an intense debate is expected regarding the amounts allocated to social programs, federal funds, and regional investment projects./E. ESGLOTAC

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