Édgar Amador Zamora Presents Prudent Economic Figures for 2026
Who: Édgar Amador Zamora, Mexico’s Secretary of Finance and Public Credit (SHCP)
Relevance: As the head of Mexico’s finance department, Amador Zamora plays a crucial role in shaping the country’s economic policies and ensuring fiscal stability.
The Economic Package for 2026
On the night of Monday, Édgar Amador Zamora delivered the 2026 Economic Package to Laura Itzel Castillo Juárez, president of the Senate’s Directive Board. The package includes prudent economic figures aimed at maintaining social programs and strategic investments without compromising fiscal stability or economic growth.
Key Points of the Ley de Ingresos (Income Law) for 2026
- Sustainability: The income law for 2026 is designed with a focus on sustainability, ensuring that public spending has stable sources of funding.
- Deficit and Debt Levels: A deficit of 4.1% of GDP is proposed, which is lower than the modified end-of-year forecast of 4.3% for 2025. The debt level is set at 52.3%, both considered prudent figures.
- Social Programs and Strategic Investments: These prudent figures guarantee the continuity of social programs and strategic investments without jeopardizing fiscal stability or economic growth.
Amador Zamora’s Vision for the Income Law
According to Amador Zamora, the Income Law presents an opportunity to:
- Reinforce fiscal stability
- Modernize the tax system
- Ensure prosperity reaches all sectors of the population, particularly those historically excluded
He emphasized the importance of building from the bottom up with social justice to create a more equitable and prosperous nation, prioritizing the well-being of all, especially the poor.
Legislative Timeline
- Constitutional Deadline: The federal executive must deliver the economic package to the Congress of the Union by no later than September 8.
- Cámara de Diputados (Chamber of Deputies) Deadline: The lower house has until October 20 to approve the Income Law.
- Cámara de Senadores (Senate) Deadline: The Senate has until October 31 to approve the Income Law.
- Presupuesto de Egresos de la Federación (PEF) Approval: Once the economic package is approved by both legislative chambers, the Chamber of Deputies will focus on discussing and approving the Federal Budget (PEF) by no later than November 15.
Key Questions and Answers
- What is the purpose of the 2026 Economic Package? The package aims to maintain social programs and strategic investments while ensuring fiscal stability and economic growth.
- What are the proposed deficit and debt levels for 2026? The package proposes a deficit of 4.1% of GDP and a debt level of 52.3%, both considered prudent figures.
- What is the timeline for approving the Income Law and PEF?
- The economic package must be delivered to Congress by September 8.
- The Chamber of Deputies has until October 20 to approve the Income Law.
- The Senate has until October 31 to approve the Income Law.
- Once approved, the Chamber of Deputados will focus on approving the PEF by November 15.
