Tag Archives: public spending

Mexico’s Public Deficit Spikes by 24 Percent in 2022

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By KELIN DILLON While Mexico has long been spending more than it brings in through revenue, 2022 saw the country’s public deficit increase by approximately 26 percent – the largest deficit spike it has experienced since 2016. According to figures from Mexico’s Secretariat of Finance (SHCP), Mexico’s public deficit between January and November of 2022 stood at 611.1 billion pesos,

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Morena-Led Senate Lacks Transparency

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By MARK LORENZANA The Mexican Senate, which is currently headed by the leftist National Regeneration Movement (Morena) of President Andrés Manuel López Obrador (AMLO), has not disclosed its expenses for the years 2020 and 2021. Morena has been known to preach austerity and transparency, but in the Senate — where it chairs the Board of Directors, the governing body of the

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