Mexico

Ley Federal de Presupuesto y Responsabilidad Hacendaria (LFPRH 2006) y Ley de Fiscalizacion y Rendicion de Cuentas de la Federacion (LFRCF 2016)

LFPRH 2006; LFRCF 2016; LGCG 2008; LGTAIP 2015; LAASSP; CPEUM Arts. 74 fr.IV/VI, 79, 126-134; Codigo Fiscal Art. 32-B-Quarter 2022

Statute text →

Fiscal Transparency: 82/100 (excellent)
82
out of 100
moderate
37 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

Mexico's national fiscal transparency framework is anchored by the Ley Federal de Presupuesto y Responsabilidad Hacendaria (LFPRH 2006), which mandates quarterly statutory reports to Congress (Arts. 107-110) with monthly portal disclosure via Transparencia Presupuestaria, and by the LFRCF 2016 governing the Auditoria Superior de la Federacion (ASF), whose head is elected by a two-thirds majority of the Chamber of Deputies for an eight-year term (CPEUM Art. 79). Mexico ranked 6th of 125 countries in the IBP Open Budget Survey 2023 (OBI 80/100), reflecting transaction-level expenditure disclosure through COMPRANET, statutory citizens budget requirements (LFPRH Art. 42), and broad salary disclosure obligations under LGTAIP Art. 70 fr.VIII; the principal transparency gap is the absence of a formal independent fiscal council.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline 115 days before fiscal year
Machine-readable budget format ✓ Yes
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity transaction
Public expenditure portal required ✓ Yes
Expenditure reporting frequency monthly

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method elected
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Public bidding threshold 300,000 MXN
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure ✓ Yes

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure No
Contingent liability disclosure ✓ Yes
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency monthly
Year-end report deadline 120 days after fiscal year
Citizens budget required ✓ Yes

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections ✓ Yes
Legislative budget office ✓ Yes

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting ✓ Yes
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required ✓ Yes
Salary disclosure scope all
Pension benefit disclosure No
Overtime reporting No

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required No
Surplus asset disposal transparency No

All Fiscal Transparency Laws