Tag Archives: budget

AMLO Administration Proposes 4.4 Billion Peso Budget Slash to the INE

By KELIN DILLON After years of threatening to reduce the efficacy of Mexico’s National Electoral Institute (INE), Mexican President Andrés Manuel López Obrador’s (AMLO) administration and National Regeneration Movement (Morena) – acting under López Obrador’s Fourth Transformation (4T) campaign promise – finally attempted to make good on its promise, proposing to slash the INE’s requested budget for 2023 by 4.475

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Tren Maya Construction Slogs through Supply, Permit Delays

By KELIN DILLON According to reports from operators working on the construction of Mexico’s controversial public megaproject the Tren Maya – documents which were leaked to the public by hacktivist group Guacamaya – the project is facing multiple supply and permitting delays that could push the Tren Maya’s completion far beyond its estimated December 2023 delivery date. These issues join

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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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Mexico Continually Fails to Meet Oil Performance Goals

By KELIN DILLON As Mexico continues to put focus on its home-grown oil assets as part of President Andrés Manuel López Obrador’s (AMLO) initiative for the nation’s energy self-sufficiency, which has included investments such as the costly construction of the Dos Bocas crude oil refinery in Tabasco, Mexico continues to move away from meeting its annual oil production goals —

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Citizen Concerns on Militarization Grow amid GN Budget Increases

By KELIN DILLON Mexican citizens are reportedly becoming increasingly concerned about Mexico’s perceived militarization following President Andrés Manuel López Obrador’s (AMLO) unilateral decision to expand the National Guard’s (GN) budget and recently discussed intentions to absorb the group into Mexico’s Secretariat of Defense (Sedena), which would turn the National Guard from civilian command to military control by way of presidential

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