Mexico Diesel Subsidy Hits Its Largest Level of 2026
Mexico diesel subsidy reaches its largest level of 2026, waiving 6.08 pesos (US$0.36) per litre. Meanwhile, the energy ministry posts the biggest underspend of any federal department. The post Mexico Diesel Subsidy Hits Its Largest Level of 2026 appeared first on The Rio Times .
Mexico's diesel subsidy has reached its largest level of 2026, with drivers paying just 17% of the excise tax this week. The energy ministry has waived part of the IEPS tax, which is a fiscal stimulus, not a direct payment to drivers or retailers. The finance ministry decides each week how much of the per-litre tax to forgo, reducing retail costs and keeping fuel prices affordable.
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