Mexico’s New President Submits Budget Cutting Military, Police, and Health by Nearly 40%, Prioritizes Social Programs

Mexico’s President Claudia Sheinbaum has unveiled the proposed Federal Expenditure Budget (PEF) for 2025, focusing heavily on social programs, housing construction, and infrastructure projects, particularly the expansion of railway lines. Despite these ambitious priorities, the overall public spending is set to decrease by nearly 2%, with revenue growing proportionally. The government has emphasized deficit control as a central goal for the fiscal year.