Experts say that the new Revenue Law confirms a worrying scenario for the Mexican economy.
The government is seeking more resources, but obtaining them at the expense of small businesses, in a context where thousands of jobs and companies have already been lost.
For the first time, oil revenues will be negative: Pemex will cost more than it contributes.
With consumption falling and the labor market stagnant, the outlook for 2025-2026 points to a recession.
Symptomatic of the tightness of public finances is the number of provisions that had to be included in the 2026 revenue law, as the federal government urgently needs more resources.
Economists are wondering if there will be any adjustments to the economic strategy, or when and how they will be addressed.
The 2025 Federal Revenue Law in Mexico, approved by the Chamber of Deputies, outlines a projected public income of MX$9.302 trillion, equivalent to 22.3% of the national GDP. Tax collection remains the primary source, contributing 57% of total revenue (MX$5.297 trillion).
Additional income will come from state-owned enterprises like PEMEX and CFE, and social institutions such as IMSS and ISSSTE, totaling MX$1.5 trillion. The law reflects Mexico’s fiscal strategy to maintain economic stability and fund public services. It also includes updates to tax procedures and compliance rules, ensuring transparency and efficiency in revenue administration.
With information from El Financiero
