Mexico will increase its Defence and National Security budgets in 2015

a

Defence & Security News - Mexico

 
 
Friday, September 19, 2014 03:14 PM
 
Mexico will increase its Defence and National Security budgets in 2015
Mexico's budget project for 2015 includes an increase of 8% for national security and for the Council of the Federal Judiciary (CJF). Mexican President Enrique Peña Nieto has proposed to the Secretary of Defence (SEDENA) and the Secretary of Navy (SEMAR), the two government agencies responsible for Mexican national defense, a budget set of $7.4bn.
     
Mexico's budget project for 2015 includes an increase of 8% for national security and for the Council of the Federal Judiciary (CJF). Mexican President Enrique Peña Nieto has proposed to the Secretary of Defence (SEDENA) and the Secretary of Navy (SEMAR), the two government agencies responsible for Mexican national defense, a budget set of 98,293,000 pesos ($7,440 million).
Mexican Secretary of Defence will spent $600 million to modernize its equipment in 2015
     
This proposal was sent on 5 September and must be reviewed and approved on 15 November by Mexican Congress.

$600 million will be spent to modernize the equipment of the Secretary of Defence. On the other hand, The SEMAR's budget will be partially divided into $325 million for investment and $416 million for naval operations and modernization, in which $72 million will be allocated to Navy ships replacements.

 

This website uses cookies to manage authentication, navigation, and other functions. By using our website, you agree that we can place these types of cookies on your device.