Mexico's Hacienda Resumes Gasoline Subsidy to Shield Consumers from Global Price Hikes

Mexico's Treasury (Hacienda) has reinstated the IEPS gasoline subsidy after nearly a year to counter rising global fuel prices. This measure prevents gasoline prices from increasing domestically, protecting consumer purchasing power amid international oil cost surges. Going forward, authorities plan to maintain these subsidies and stabilization mechanisms to avoid price shocks as the economy aims for 3% growth supported by investment and digitalization.