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Financial disaster for this year funding budget provided to the PRI

And Morena’s budget will practically triplicate

TRANSPARENCY

Financial disaster for this year funding budget provided to the PRI


In the next few days, local electoral authorities will publish the officially approved budget for funding political parties in the State of Mexico. Preliminary figures point out that the PRI party will suffer a financial disaster after two electoral years of economic prosperity being provided with royalties of 444 million 242 thousand 254 MXN between 2018 and 2017. However, in 2019 its funding budget declines to 121 million 921 thousand MXN according to the formulas in the current Electoral Code and the index of the government-issued ballot, obtained through each party’s counting in the results of the ballot last year. Art. 66).

This year’s funding Budget for the PRI results similar to 2016’s since it was not a ballot year in the State of Mexico. It is possible for it to suffer a financial coup of over 30 million MXN less with regards to that year..

Translator: Fabián Peñaloza

 

By: Tere Montaño


 

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