Mexico Is Making Economic Progress

The Secretary of Finance and Public Credit, Edgar Amador Zamora, has highlighted that the current administration has made progress on economic issues. He emphasized that the Gross Domestic Product (GDP) grew by 2.1% annually in the second quarter of 2026.

“We have the variable of consumption at historic highs; strong consumption—as a result of the process we've been discussing from the outset—will be one of the factors supporting the economy's expansion going forward,” Amador said.

The secretary spoke about the importance of having sound public finances with strong tax collection in order to reduce economic inequality and improve equity.

According to Amador Zamora, this year’s tax revenue shortfall accounted for 15.6% of GDP, a level never before reached.

“Just as there must be equity on the spending side, there must be equity on the public revenue side, and I believe this is an example of the President’s strategy to optimize the Mexican government’s fiscal tools,” he said.

Similarly, I would like to point out that the public debt is on a sustainable path, and that the Public Sector Financing Requirements (RFSP) have fallen from 5.8% to 4.1% of GDP.

It was also noted that recorded Foreign Direct Investment (FDI) saw a 95% increase in volume from 202 to 2026 for the January–June period.

The United States is the main source of FDI, while Mexico accounts for 17.4% of its neighbor’s imports.

“The truth is that the growth and pace of growth in exports are truly remarkable, given the particularly unique context in which North American trade rules are being redefined,” Amador said.