Mexico’s 2026 Strategy: Fiscal Reform, Infrastructure, Trade

Mexico’s 2026 plan targets fiscal consolidation, tax reforms, and infrastructure, while balancing debt and PEMEX support. In addition, Mexico submitted a tariff reform revising 1,400 codes to boost industry, tackle trade gaps, and raise US$3.7 billion in revenue.

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Mexico’s 2026 Budget Targets Fiscal Reform, Major Projects

Just days after President Claudia Sheinbaum delivered her first government report, the Ministry of Finance and Public Credit (SHCP) unveiled Mexico’s 2026’s Economic Package. The plan centers on fiscal consolidation, selective tax adjustments, and major infrastructure projects.

2026 Economic Plan: Fiscal Discipline, Social Program Guarantees

President Claudia Sheinbaum announced that the 2026 Economic Package is guided by fiscal discipline, stronger revenue collection, and the protection of social programs, despite the financial challenges posed by debt maturities inherited from previous administrations.

Mexico Eyes US$3.7 Billion With Tariff Reform Targeting Trade Gap

The Mexican government will submit a tariff reform initiative to Congress seeking to address trade imbalances in key sectors, including automotive and manufacturing. The plan, which revises around 1,400 tariff classifications, forms part of the Plan México strategy to boost domestic production and is expected to raise about US$3.7 billion (MX$70 billion)  in additional revenue.

Sheinbaum Reaffirms Support for Pedro Castillo Despite Tensions

President Claudia Sheinbaum stated that her recognition of Pedro Castillo as the “legitimate” president of Peru was not an act of aggression. She also said it “does not matter” if Peru’s Congress declares her persona non grata.

Mexico Cuts 2025 Growth Forecast Amid US Trade Policy

The US trade policy led by Donald Trump this year, along with Mexico’s planned fiscal consolidation, has impacted growth forecasts for 2025, leading to a downward revision, the Ministry of Finance acknowledged.

IIF Warns US Migration Shift Could Cut Remittances by 13% by 2026

The migration policy implemented by the United States this year is affecting both its own economy and those of Latin American countries, according to the economic research unit of the Institute of International Finance (IIF).

Mexico Firms Surpass 2025 Plastic Recovery, Recycling Goals

Mexican corporations representing more than half of the country’s plastic packaging market have exceeded several 2025 recycling and recovery goals, according to the Fifth Annual Report of the National Agreement for the New Plastic Economy.