The Mexican government reported its financial results for the period from January to November. Total revenues amounted to 849.8 billion pesos. Oil sector revenues exceeded one trillion pesos, increasing by 15.2% with state support and decreasing by 11.6% without it. Tax revenues grew by 4.6% compared to the same period last year, totaling a little over 4 trillion pesos. Excluding government subsidies, spending was 8 trillion 208.3 billion pesos, representing a 0.6% annual decrease. In detail, spending at the Ministry of Energy (Sener) surged by 119% compared to November of the previous year, exceeding 6 billion pesos, as it includes federal government support for the state oil company Pemex. Despite this financial assistance, Pemex continues to face problems, as the downward trend in oil production has not reversed. The outlook for the future is not expected to be much different due to difficulties in attracting private partners under new mixed schemes. According to the same finance ministry document, the crude oil production platform (without condensates) was at 1.4 million barrels per day and 1.7 million if condensates are included for the January-to-November period. In both cases, this is a decrease of about 7% compared to the programmed levels. Additionally, ISR grew by 5.4%, IEPS by 4%, and IVA by 1.3%. The ministry, led by Amador, indicated that public debt stood at 51.7% of GDP, 'maintaining a stable and sustainable trajectory in the medium term,' while the budgetary deficit was 91 billion pesos less than projected, and the primary budgetary surplus exceeded the target by 37 billion pesos.
