Apr 8, 2013

Peña Nieto Reveals 2014 Security Budget

InSight Crime
Written by Claire O'Neill McCleskey

Peña Nieto's proposed $4.4 billion security spending plan for 2014 allots over a third of its budget to crime prevention.

Peña Nieto's 2014 budget plan of 54 billion pesos was outlined in a document sent by the Treasury Department (SHCP) to the Senate for consideration, reported Proceso.

A large proportion of the budget, nearly 20 billion pesos (around $1.6 billion) will go to "prevention and deterrence of crime." Meanwhile, $1.4 billion will go to the penal system, $122 million to the new gendarmarie police force, and $231 million to the intelligence services. Some $382 million will be distributed to states, municipalities, and the Federal District for public security.

The growth in the security budget for 2014 represents only a small increase over the projected inflation rate of 3 percent for next year, reported El Economista. Read more

1 comment:

  1. Peña Nieto's 2014 budget plan of 54 billion pesos was outlined in a document sent by the Treasury Department (SHCP) to the Senate for consideration, reported Proceso. high security doors

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