Mexico Subsidizes Fuel by 11.7 Billion Pesos to Prevent Price Hikes
Mexico's Treasury 'sacrificed' 11.7 billion pesos in March through gasoline and diesel subsidies to prevent price increases amidst global tensions. Despite this revenue loss, overall tax collection for the first quarter exceeded programmed targets by 7 billion pesos. Officials confirmed that the government maintains its revenue and GDP growth forecasts for 2026.