The Ministry of Finance reported that at the end of January 2026, the sectors of Foreign Affairs, Environment, and Education recorded the highest budget executions in the National General Budget. These reached 10.5%, 8.6%, and 6% respectively, above the overall average of 3.9%. Total payments amounted to 17.1 trillion pesos, with 8.2 trillion allocated to debt service.
The Ministry of Finance and Public Credit released the initial data on the execution of the National General Budget for 2026. At the end of January, the Foreign Affairs sector executed 10.5% of its budget, followed by Environment with 8.6% and Education with 6%. In contrast, Labor recorded only 0.3%, Social Inclusion and Reconciliation 0.2%, and Housing 0.1%. The average execution across all sectors was 3.9%, with an average speed of 4.3%.
Excluding debt service, commitments were acquired for 83.9 trillion pesos, a 29.2% increase from January 2025. Total payments reached 17.1 trillion pesos, equivalent to 3.8% of the current appropriation. Of this amount, 8.2 trillion pesos went to debt service, representing 8.2% of the total appropriated for this item in 2026.
Regarding investment, sectors with the highest appropriation include Transportation, Social Inclusion and Reconciliation, Mines and Energy, Equality and Equity, Education, and Labor. Those showing the highest investment execution were Finance with 8% of its obligation (392 billion pesos), the Congress of the Republic with 4.8% (10 billion pesos), and Defense and Police with 3.8% (108 billion pesos).
The 2025 budget lag to be executed in 2026 totaled 48.9 trillion pesos, equivalent to 3.4% of GDP. Of the lag obligations in January, 10.5 trillion pesos were for investment, 11.6 trillion for operating expenses, and 547 billion for debt service. For operating expenses, out of 358.1 trillion pesos in 2026, 75.2% (269.2 trillion) corresponds to national transfers. The largest obligations in this area included the General Participation System with 4.23 trillion pesos, pensions with 2.47 trillion, and health insurance with 3.8 trillion.
"The increase in investment execution, measured through obligations, demonstrates the Government's effort to materialize the effective delivery of goods and services to citizens through the timely transfer of resources," stated the Ministry of Finance.
