Mexico’s Military Splurged on Trains, Planes and Horses in 2023
Posted on AllSides May 2nd, 2024
From The Left
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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.
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