Overview of the 2026 Economic Package by Mexico’s SHCP
On Monday, the Secretaría de Hacienda y Crédito Público (SHCP) handed over the 2026 Economic Package to the Congress of the Union. The event took place at 10:30 PM, with SHCP head Édgar Amador Zamora presenting the documents to panista Kenia López Rabadán, president of the Chamber of Deputies’ Directorate.
Key Points of the 2026 Economic Package
- Roadmap for a Stronger Mexico: Amador Zamora described the 2026 Economic Package as a roadmap to build a stronger, more competitive, and fairer Mexico amidst a complex international environment.
- Fiscal Responsibility and Economic Growth: The package aims to balance fiscal responsibility with fostering economic activity.
- Tax Revenue as the Backbone: Amador Zamora emphasized that tax revenues will be the backbone, thanks to efforts against tax evasion, digitalization, and modernization of the fiscal framework.
- Allocation for Priority Social Programs: The package proposes resources equivalent to 3% of the Gross Domestic Product (GDP) for priority social programs, with estimated income of 8.7 trillion pesos.
- Projected Income Growth: Real income is projected to grow by 5.7% compared to 2025, reaching a new historical maximum of 15.1% of the GDP.
- Deficit and Public Debt Projections: A deficit of 4.1% of the GDP is expected for 2026, lower than the modified end-of-year 2025 projection of 4.3% of the GDP, along with a public debt around 52.3% of the GDP.
Additional Context and Impact
Claudia Sheinbaum, the president, highlighted that the 2026 Economic Package focuses on fiscal discipline, strengthening revenue collection, and ensuring social programs. She mentioned that the package will be accompanied by a customs reform and measures in the fiscal miscellany to combat tax evasion.
Key Questions and Answers
- What is the 2026 Economic Package? It’s a strategic plan by Mexico’s SHCP outlining fiscal policies, revenue projections, and resource allocation for priority social programs.
- What are the key objectives of this package? The main goals include balancing fiscal responsibility with economic growth, combating tax evasion, and ensuring funding for priority social programs.
- What are the projected income figures? The package estimates 8.7 trillion pesos in income, with a real growth of 5.7% compared to 2025, reaching 15.1% of the GDP.
- What are the deficit and public debt projections? The deficit is projected to be 4.1% of the GDP for 2026, lower than the modified end-of-year 2025 projection of 4.3% of the GDP, with a public debt around 52.3% of the GDP.
- What else accompanies the 2026 Economic Package? It will be accompanied by a customs reform and measures in the fiscal miscellany to combat tax evasion.
