Mexico's lower house of Congress on Monday approved in general terms the spending plan for the 2024 federal budget, which is set to be 4.2% higher in real terms than the package for this year.

Lawmakers are due to work through reservations on Tuesday morning, the lower house said in a statement.

Congress last month approved the revenue plan for the 2024 budget. (Reporting by Valentine Hilaire; Editing by Christian Schmollinger)