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9 OECD Journal on Budgeting, Volume 2009 Supplement 1

OECD Review of Budgeting in Mexico

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Over the past decade, Mexico has undergone significant economic and political reform. This period has witnessed important improvements in the health of public finances which should place Mexico in a better position to withstand the current global economic crisis.

 

Since 2006, the Mexican government has introduced a number of laws and reforms that aim to address structural challenges, improve fiscal responsibility and transparency, and create a budget process and fiscal framework that are more efficient and transparent and more in line with international practices.

This review discusses the recent reforms in Mexico and the current systems for budget formulation, the role of Congress, budget execution and financial management, and accountability for results (performance budgeting), and makes recommendations for further action.

English Spanish

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Budget Execution and Financial Management

This chapter reviews the implementation and management of the Mexican budget. Financial management is in the midst of an ambitious agenda of reform with the overall goal of improving the quality of public service. The central concepts behind the reforms are to delegate management responsibility to programme managers and to focus greater attention on improving results. This chapter is divided into seven sections: the execution of the budget; cash management; public accounting; internal control and audit; human resource management; procurement; and the conclusion and recommendations.

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