Tag Archives: Budget Income Stabilization Funds

AMLO Spends 85 Percent of Mexico’s Decades-Old Savings Fund

By KELIN DILLON According to a new report conducted by daily Mexican newspaper El Universal, Mexico has spent more than 85 percent of its savings since Mexican President Andrés Manuel López Obrador (AMLO) entered office in 2018. These funds, housed in the Budget Income Stabilization Funds (FEIP) and the Income Stabilization Fund of the Federal Entities (FEIEF), had built up

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