The Economic and Budgetary Research Center (CIEP) urged the Government to implement “a comprehensive and progressive tax reform”, after the analysis of the 2026 economic package.
Three days after the presentation of the spending budget for the following year, the center indicated that the proposed measures are insufficient to address a scenario of growing tax pressures, uncertainty in the national and international economic landscape and a historical indebtedness.
“This economic package gives us more evidence about the need to not argue, but to implement a tax reform (..). The result of this package is definitely the need,” explained the executive director of CIEP, Alejandra Macias Sánchez.
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According to its analysis, the Sheinbaum government would have a indebtedness of 4.1% of GDP by 2026, increasing by two tenths approved in 2025, of 3.9%.
This greater indebtedness would cause public debt to reach 52.3% of GDP, exceeding 51.4% forecasts.
“This 4.1% financial cost is the same as we are requesting financing, we could see it as we are requested to pay debt. So, you have to be careful,” said José Luis Clavellina, director of research of the agency.
The 2026 economic package expects to raise 4.6% more compared to 2025, that is, 8.7 billion pesos, equivalent to 22.5% of GDP.
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Among the fiscal measures, collecting changes on tobacco taxes, sugary drinks, and in the General Import Tax, although the specialists affirmed that “it does not meet all the needs that the government has in terms of spending.”
On public spending, the administration would increase 5.8%, despite the cuts in the majorities of the Secretariats except for the governorate, defense, infrastructure, public education, well -being and energy.
In addition, experts qualified as one of the “winners” to Pemex, by proposing a 9.1% increase in their income, in a context in which, they point out, the price of the barrel will decrease as well as a fall in the oil production platform.
“The transfers to Pemex, through the Ministry of Energy, are 86.8% higher than those observed in this year (…). The transfers of 2026 will be practically double,” said the director of Research, who recalled that the Petroleum Strategic Plan seeks that from 2027 the company stops receiving public resources.
In health they explained that the budget of 996,000 million pesos is “well below the minimum required internationally of 6%.”
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In the education section, they detailed that the increases are due to scholarships for basic education, while there are cuts of more than 5% in higher, higher and postgraduate secondary education.
They also pointed out that there is “a clear setback in transparency, the traceability of resources and accountability” because it is the third consecutive year that the government “does not publish open data.”
With EFE information
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