See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Mexico’s Military Splurged on Trains, Planes and Horses in 2023

Posted on AllSides May 2nd, 2024
From The Left
Koral Carballo/Bloomberg

Mexico’s military splurged well beyond its original budget allotment last year — and most of those funds were used for infrastructure projects. The Defense Ministry — which includes the army and air force — was approved to spend 112 billion pesos, or roughly $6.6 billion, in 2023, according to the recently released public budget. It ended up spending 144 billion pesos, or 29% more. The Navy, a separate ministry, spent 57.5 billion pesos, or 37% more than its initial budget of 42 billion pesos.

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://bloomberg.com/news/articles/2024-05-02/mexico-s-military-splurged-on-trains-planes-and-horses-in-2023

More News about World from the Left, Center and Right

From the Left

From the Center

From the Right