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Mexico’s Congress approved the 2022 federal budget on Sunday, despite criticism from opposition politicians over cuts to the National Electoral Institute and other independent government bodies. Authorized budget spending totals 7.8 trillion pesos ($ 380.487 million), an 8.6 percent increase over the 2021 budget.
The 2022 budget was approved early Sunday morning by a vote of 273 to 214 after a 42-hour congressional session. The approved budget cut funding for the National Electoral Institute (INE) by nearly 20%, which INE director Lorenzo Crdova called “worrying”. Independent judicial agencies have also suffered smaller budget cuts.
In contrast, the Ministry of Foreign Affairs and the Ministry of Agriculture and Rural Development both saw their budgets increase, respectively by 6.6% and 5.1%. “This is good news for all, and especially for the 25 million poor and middle-class families who will benefit from the resources of programs aimed at ensuring health, education, development and well-being like never before. President Andres Manuel Lopez Obrador tweeted. Sunday morning, after the adoption of the budget. 1 US dollar = 20.5100 Mexican pesos
(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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