Mexico Collects More, Owes More, and Wants to Know More About Its Citizens

Mexico government revenue, debt and digital payment oversight: A Mexican commentary links the expansion of phone line registration, biometric CURP identification and digital payment rules with rising public debt and a revenue gap, raising questions about how the state is financing its commitments.

Mexico government revenue, debt and digital payment oversight, Digi Mart USA News: A Mexican opinion column from Esfera Noticias examines three recent government measures: the mandatory registration of mobile phone lines, the biometric CURP identification and a law approved in October to expand the use of digital payments. The author argues that, viewed together, these measures raise questions about the government’s financing needs.

The column notes that phone lines linked to user identities rose from about 63 million in June to more than 96 million by October 18. It also reports that more than one million suspended lines, blocked under one of the registration deadlines, regained service after completing the process.

The author says the biometric CURP is advancing even as its legal scope is still under debate, pointing to a Supreme Court agreement published October 22 concerning lawsuits that challenge its constitutionality. In the same month, Congress approved the Digital Economy Law for Digital and Electronic Payments, which extends electronic payments to more activities.

The column stresses that this does not create a new currency, but that electronic transactions leave a traceable record that can be useful for verifying operations and income when authorities have legal powers to do so.

According to the column, Mexico’s total public debt was about 10.6 trillion pesos in 2018 and reached 19.55 trillion pesos by September 2026, an increase of about 9 trillion pesos in under eight years. During the first nine months of this year, the government collected 6.30 trillion pesos and spent 7.27 trillion pesos, and the financial cost of debt alone consumed roughly 959 billion pesos.

The column also notes that VAT collection rose 12 percent in real terms, while total public revenue fell 2.8 percent. The author asks where the money is going, which commitments are absorbing the budget, and how much remains for health, education and other public services.

The column does not claim that the tax authority is monitoring every transaction, but argues that greater electronic circulation of money makes operations easier to document and review.

This report is based on a single publisher opinion article and has not been independently verified.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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