Background on Edgar Amador Zamora and His Role
Edgar Amador Zamora serves as the Secretary of Fiscal and Credit Public (SHCP) in Mexico. His department is responsible for formulating and executing the country’s fiscal policy, ensuring financial stability, and managing public debt. As a key figure in Mexico’s economic decision-making, Amador Zamora plays an essential role in shaping the nation’s financial future.
Presentation of Paquete Económico 2026
On the scheduled date, Edgar Amador Zamora presented the Paquete Económico 2026 to the Chamber of Deputies. This comprehensive document outlines Mexico’s economic policies, including macroeconomic variables and projected income and expenditure estimates for the upcoming year.
Fiscal Consolidation and 2026 Targets
The administration of Claudia Sheinbaum will need to continue fiscal consolidation efforts in 2026, as the government failed to meet its deficit target for the current year despite implementing spending cuts. The Criterios Generales de Política Económica 2026, one of the three documents comprising the Paquete Económico, indicates that the Requerimientos Financieros del Sector Público (RFSP) will be at 4.1% of the Gross Domestic Product (GDP), lower than the historical level of 5.7% observed in 2024.
Although the fiscal deficit is projected to be 4.3% of GDP for this year, exceeding the 3.9% approved by Congress, SHCP attributes this adjustment to “revisions to the macroeconomic framework due to a less favorable external environment and adjustments in projections for state-owned enterprises and social security institutions.”
Moderation of Uncertainty and Economic Growth Projections
For 2026, the estimated economic growth ranges between 1.8% and 2.8%, an improvement from the previous projection of 1.5% to 2.5%. Amador Zamora attributes this optimism to the anticipated moderation of global uncertainty and a more favorable environment for economic growth.
Unlike the current year, where public spending cuts dominated to achieve fiscal consolidation, 2026 is expected to see a 5.9% increase in total net expenditure, resulting in 10.1 trillion pesos for the upcoming year.
Key Questions and Answers
- Who is Edgar Amador Zamora? Edgar Amador Zamora is the Secretary of Fiscal and Credit Public (SHCP) in Mexico, responsible for formulating and executing the country’s fiscal policy.
- What is Paquete Económico 2026? The Paquete Económico 2026 is a comprehensive document presented by the SHCP outlining Mexico’s economic policies, including projected income and expenditure estimates for the upcoming year.
- Why is fiscal consolidation important for Mexico? Fiscal consolidation aims to stabilize public debt and demonstrate the government’s commitment to financial sustainability.
- What are the projected economic growth rates for 2026? The estimated economic growth ranges between 1.8% and 2.8%, reflecting a more favorable global environment.
- How will public spending change in 2026? Public spending is expected to increase by 5.9% in 2026, resulting in 10.1 trillion pesos for the upcoming year.
