Overview and Key Player
The Secretariat for Planning, Finance, and Administration (SPFA) in Puebla anticipates a budget exceeding 131,000 million pesos for the year 2026. Josefina Morales Guerrero, head of SPFA, is responsible for drafting and presenting this budget to the state Congress on November 15.
Budget Details
- The projected budget for 2026 is 131,365 million pesos.
- This represents a 4.07% increase from the 2023 budget of 126,223 million pesos.
- In 2024, the budget was 111,092 million pesos.
No New Taxes Planned
Morales Guerrero clarified that there are no plans to introduce new taxes in the coming year. The state government aims to maintain a prudent budget execution without negatively impacting the economic situation of Puebla’s families.
Budget Composition
- The majority of the budget, approximately 57%, comes from the General Fund of Participations and self-generated revenue.
- The remaining 43% consists of Federal Contributions.
Prioritizing Key Areas
The SPFA chief emphasized that the state government prioritizes spending on health, security, and education, which together account for more than half of the budget. These sectors have seen continuous growth to expand service coverage.
Debt Management
Morales Guerrero also mentioned that the state does not plan to incur additional debt. Instead, they have been working with a balanced budget to carry out planned actions, including refinancing obligations for Project Payment Services (PPS) and direct debt.
Key Questions and Answers
- What is the projected budget for Puebla in 2026? The Secretariat for Planning, Finance, and Administration (SPFA) estimates a budget exceeding 131,000 million pesos for Puebla in 2026.
- Will there be new taxes in 2026? No, according to Josefina Morales Guerrero, the head of SPFA, there are no plans for introducing new taxes in Puebla for the upcoming year.
- How will the budget be allocated in 2026? The majority of Puebla’s 2026 budget will go towards health, security, and education, which together account for over half of the total funds. The remaining portion will come from Federal Contributions.
- What is the state’s debt management strategy? Puebla does not intend to accumulate further debt. Instead, they aim to maintain a balanced budget and refinance existing obligations for Project Payment Services (PPS) and direct debt.