The IMF urges Mexico to curb the rise in public debt: recommends a “more ambitious” fiscal policy

On October 2, 2026, the International Monetary Fund (IMF) issued a call for Mexico to curb its rising public debt and adopt a more ambitious fiscal policy.

While the IMF acknowledged that Mexico has maintained its fiscal consolidation efforts through the year, it noted a deceleration in the pace of adjustment compared to 2025. Consequently, the organization warned that additional measures are required to address the growing public debt trajectory.