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Federal budget proposal 2016 re-engineering of public spending

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Frame of Image  Platform (in thousands of barrels per day)
3,400 3,200 3,000 2,800 2,600 2,400 2,200 2,000 1,800 200 0 200 1 200 2 200 3 200 4 200 5 200 6 200 7 200 8 200 9 201 0 201 1 201 2 201 3 201 4 201 5
2,548
2,123 2,028
201 6 201 7
3
Macroeconomic Environment
Consequently, oil revenues have slipped.
Oil Revenues (Billions of 2015 Pesos)
1,800
1,538
1,600 1,400 1,200 1,000 800 600 400 200 0 2016 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2017
884
687
Figures expressed in billions of pesos.
4
Macroeconomic Environment
Lower oil revenues were offset by the favorable evolution of tax revenues since implementation of the Tax Reform in 2013.
Tax Revenues (Billions of 2015 Pesos)
3,000
2,407
2,500
2,652
2,000
1,500
1,000
1,458
500
0 2015 2016 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2017
Figures expressed in billions of pesos.
5
Macroeconomic Environment
Non-oil revenues have driven higher Public Sector Revenues despite the drop sustained by oil revenues.
Oil and Non-Oil Government Revenue (Amount and percentage of the total) Oil
Amount (expressed in millions of pesos)
Non-Oil
Figures expressed in billions of pesos. Source: SHCP
6
Macroeconomic Environment
Non-Oil Revenues, as a percentage of GDP, grew from 13.6% to 18.9%, while Oil Revenues slipped from 8.9% to 4.7% between 2012 and 2015.
Oil and Non-Oil Government Revenue (% of GDP) Oil Non-Oil
Figures expressed in billions of pesos. Source: SHCP
7
Public Finance
In th


Full Text
Title Federal budget proposal 2016 re-engineering of public spending
Similar Titles
Material Type Proceedings
Author(English)

Martinez, Jose Angel Mejia

Publisher

[Ciudad de México, Mexico]:Secretariat of Finance and Public Credit

Date 2016-07
Event

Secretariat of Finance and Public Credit

Pages 23
Subject Country Mexico(Americas)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Government and Law < Public Administration
Holding Mideplan