|Unit||Bil. MXN, NSA|
|Adjustments||Not Seasonally Adjusted|
|Source||Bank of Mexico|
|Government Budget Balance||Jan 2023||-106,837||-987,458||Mil. MXN YTD, NSA||Monthly|
|Government Expenditures||Jan 2023||572,322||5,778,041||Mil. MXN YTD, NSA||Monthly|
|Government Revenues||Jan 2023||465,485||4,790,583||Mil. MXN YTD, NSA||Monthly|
|Outstanding Public Debt||Dec 2022||12,629||12,249||Bil. MXN, NSA||Monthly|
|Outstanding Public Debt - Domestic||Dec 2022||8,445||8,031||Bil. MXN, NSA||Monthly|
|Outstanding Public Debt - Foreign||Dec 2022||4,184||4,218||Bil. MXN, NSA||Monthly|
Government Debt statistics are the result of compiling, classifying, organizing and summarizing the unpaid liabilities of the Central Government, in order to present the contractual financial liabilities arising from domestic and foreign financing.
The purpose of debt statistics is to operate a data system that makes it possible to adopt efficient measures in managing public debt as well as helping analyze its impact on public finances and on decisions by economic agents regarding saving and consumption. They are also used to keep the Legislative Branch and the general public informed about the government's liabilities, whereby are grouped according to economic and institutional criteria within the framework of national budgetary practices.
For the classification of debt by domestic and external sector, we use the criterion of residency of the debt holder, which is a function of the location and not the nationality of the debt holder.
Scope of the data:
Owing to CETES issued with a discount rate, they are recorded to the price when sold at the primary issue, which is obtained by discounting the discount rate from the nominal value using the following formula:
C = S x ( 1 - D x T / 360)
BONDS are recorded at their nominal value and the difference between this value and the real value is recorded as a cost at the time of sale. Inflation-indexed instruments, such as Ajustabonos and Udibonos, are recorded at their nominal value and their inflation component is reported as an adjustment; the revaluation taking place monthly.
Nature of the Basic Data:
Historical figures can be modified due to methodological revisions.
Pursuant to Article 4 of the General Public Debt Law, the Federal Government has provided its guarantee for various financing transactions. The statistical monitoring of government guaranteed debt is available quarterly in the reports that the Executive submits to the Congress of the Union. However, the balance of these guarantees has not been incorporated into the Central Government's debt balance.
The measuring of conventional government debt do not reflect the true position of the Central Government debt, as result of court order various, because to recording of any operations are accomplished on an accountant criterion other than economic and because the actual coverage do not include all Central Government activities. Therefore, it is necessary to incorporate all entities and government functions, and all activities developed by the private sector behalf of Central Government. The incorporation of the financial intermediation, the financial requirements of the Institute of Protection to the Bank Saving (IPAB), the Support Trust for the Redemption of the Freeways Granted (FARAC), Projects of Public Investment Financed by the Private Sector (PIDIREGAS) and the non-recurrent revenues will let to know the debtor position of the Central Government.