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The Fiscal Balance in Mexico represents the difference between the federal government's total budgetary revenues and its total expenditures. A positive figure indicates a budget surplus, while a negative figure indicates a deficit. This indicator is crucial for assessing the sustainability of Mexico's public debt and the overall health of its economy. It provides insights into the government's fiscal policy stance and its ability to fund public services without excessive borrowing.
Calculated by subtracting total public sector spending from total public sector income during the reporting period, as compiled by the Ministry of Finance.