Secretaría de Hacienda y Crédito Público
Mexico Implements Mandatory 28 Pesos per Liter Diesel Price Cap
Mexico has set a maximum diesel price of 28 pesos per liter, with authorities actively enforcing the limit. Industry compliance follows recent government discussions to control fuel prices and address market challenges.
Mexico's Supreme Court Approves UIF Power to Freeze Bank Accounts Without Court Orders
The Mexican Supreme Court has authorized the Financial Intelligence Unit to freeze bank accounts without prior judicial orders, enhancing anti-money laundering efforts. This decision underscores the government's focus on preventive measures and establishes procedural safeguards for individuals affected.
Mexico Boosts Fuel Subsidies Amid Persistent Price Volatility
The Mexican government announced increased subsidies for diesel and gasoline from April 4-10, aiming to stabilize domestic fuel prices amidst global oil market volatility. However, fuel prices stay elevated, and measures like price caps have yet to be enforced, leaving consumers still paying high prices.
Mexico City Airport hikes TUA fees by 2.9% for domestic flights ahead of 2026 World Cup
Mexico City International Airport has raised its airport usage fee by 2.9% for domestic flights, starting April 1, 2023, to fund renovations for the 2026 World Cup. This hike will also affect international flights, potentially increasing travel costs during the event.
Mexico Extends Tax Discounts and Raises Fuel Stimulus for Semana Santa 2026
The Mexican government has announced an increase in fiscal stimulus for diesel to 70.28% during Semana Santa 2026. It also extended tax discounts on fuel to offset rising prices driven by global unrest, aiming to stabilize the market during the holiday period.
Mexico Looks to Extend Fuel Stabilization Measures Amid Market Fluctuations
Mexican officials and industry players are on the verge of extending policies that keep fuel prices stable, including a possible expansion to diesel. These measures aim to prevent sudden increases in fuel costs, which have been a recurring challenge.
Mexican Artists Can Offset Taxes Using Artworks Instead of Money
Mexican artists now have the option to pay their taxes with artworks instead of cash, as part of a new initiative. This measure aims to ease tax compliance and promote cultural development. It's a unique approach that links financial obligations with artistic expression.
David Colmenares Stresses Oversight in FAIS Funding; Bienestar Launches FAIS 2026 Training
David Colmenares emphasized the importance of fiscal oversight in FAIS resources at a recent event, underscoring transparency. Concurrently, Bienestar launched a nationwide training program for the 2026 FAIS cycle to boost project implementation.
Major Tax Ruling Shields Movistar from $4.4 Billion Payment in Mexico
Movistar wins a major legal battle in Mexico, avoiding a $4.4 billion tax payment. The Supreme Court's decision upholds Movistar's appeal, marking a significant legal victory for the company.
Mexican Emergency Fund at Just 17% of Its Historical Peak
The emergency fund for Mexican states is functioning at just 17% of its historic maximum, raising concerns about financial preparedness. This significant shortfall might impact crisis management in the near future.
Mexican Tax Authority Doubles Revenue from Fines and Contraband Seizures in Six Years
Mexico's SAT has tripled revenue from fines over six years and seized over 11.7 billion pesos in contraband in 2025. These measures indicate a robust effort to boost tax collection and combat smuggling.
Mexico's public debt reach 53.1% of GDP, with a per capita burden of 151,000 pesos
Mexico's public debt stands at 53.1% of GDP, with each citizen bearing an estimated 151,000 pesos. The government is actively refinancing debt, including over 175 billion pesos recently, to improve fiscal stability.