LatinNews Daily - 02 April 2026

*Mexico’s finance ministry (SHCP) has announced that it is expecting GDP growth of between 1.8% and 2.8% in 2026. This would represent an improvement on the 0.6% growth recorded by the national statistics institute (Inegi) for 2025. The SHCP then expects a slight increase in growth in 2027, predicting an economic expansion of between 1.9% and 2.9%. It said that “in a context of higher international energy prices, the federal government will maintain measures to stabilise fuel prices, with the objective of containing prices for transport and production, limiting inflationary impacts, and protecting households’ purchasing power”. The SHCP predicts a 2026 public sector deficit of 4.1% of GDP, which it said would mark a reduction of 1.7 percentage points compared with 2024 when it reached its highest level in decades. Overall public debt is expected to close 2026 at 54.7% of GDP.