Mexico Diverts Climate Change Resources to Tren Maya
A reported 24 billion pesos has been diverted from Mexico’s fight against climate change toward Mexican President Andrés Manuel López Obrador’s controversial pet project
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A reported 24 billion pesos has been diverted from Mexico’s fight against climate change toward Mexican President Andrés Manuel López Obrador’s controversial pet project
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This marks the first time Pemex’s public support has outpaced its contributions since 2020
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Mexico reportedly spent 2.319 trillion pesos during the first quarter of 2024 compared to its 1.867 trillion peso income during the period, said the Secretariat of Finance and Public Credit
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The Secretariat of the Navy also reportedly surpassed its 2023 budget by 37 percent
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However, the CFE’s funding proposal for its 2024 investment plans far eclipses the budget allocated for the state-owned company by the 2024 Expenditure Budget of the Federation
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As a result, Mexico only took in a total of 658.9 billion pesos in public revenue during the first month of 2024
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Dicing Up the Federal Budget
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According to humanitarian organization Save the Children, approximately 336 of Acapulco’s educational institutions were destroyed by Hurricane Otis
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Supreme Court Justice of the Nation Minister Juan Luis González Alcántara Carranca and former Minister José Ramón Cossío Díaz also attended the march, participation which Mexican President Andrés Manuel López Obrador characterized as “shameful”
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If the initiative passes the Mexican Senate, the Judicial Branch of the Federation will be left with just one trust
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