Overview
- At a press conference on social programs, President Claudia Sheinbaum said Mexico’s additional 2025 revenue totals about 400 billion pesos, including roughly 250 billion from customs.
- She drew a comparison to Argentina’s currency-swap agreement with the United States for US$20 billion, framing it as a point of contrast with Javier Milei’s approach.
- U.S. Treasury Secretary Scott Bessent confirmed Argentina has activated a small portion of the swap, with private estimates suggesting a draw of about US$2.5–2.7 billion.
- Sheinbaum credited the revenue gains to actions against fraudulent invoicing schemes known as “factureras” and to stricter SAT enforcement.
- She announced a 1,000 million peso allocation for 2026 social programs and signaled further customs enforcement to boost collections.