Government to give Pan American Games athletes 200 million pesos

Mexican athletes who competed at the Pan American Games and their coaches will receive a combined 222 million pesos (US $11.3 million) in direct funding, President López Obrador announced.

López Obrador said that each athlete and coach that attended the regional sporting event in Lima, Peru, will receive a monthly grant of 20,000 pesos (US $1,020) over the next year to allow them to continue training.

In addition, athletes who won medals in the Peruvian capital will receive a one-off lump sum payment of 40,000 pesos for gold, 35,000 pesos for silver and 25,000 pesos for bronze, the president said.

López Obrador said that the proceeds of the sale of the mansion owned by accused drug trafficker Zhenli Ye Gon, which was purchased Sunday by a youth sports foundation for 102 million pesos, will be used for the athletes’ grants.  

Another 20 million pesos will come from the sale of other seized assets and a 500-million-peso government sporting fund will provide a further 100 million, he explained.

Mexico finished third on the medal tally at the 2019 Pan American Games, winning a total of 136 medals, including 37 gold.

It was Mexico’s best performance at the event in terms of the number of medals won.

A total of 541 Mexican athletes competed in the games, which concluded in Lima on Sunday.

Source: El Financiero (sp), Milenio (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Arrest photo of suspected criminal leader known as "Lobo Menor"

Mexico arrests alleged mastermind behind Ecuadorian presidential candidate’s assassination

0
Mexican security officials announced Wednesday that the accused Ecuadorian crime boss had been arrested in Mexico City's Polanco neighborhood.
loading aid ship

Mexico joins global aid effort with first vessel leaving for Cuba Thursday

1
Mexico's participation as key, the convoy coordinator said, since Mexico is “the most symbolic, powerful, strong and proactive country in its solidarity with the Cuban people.”
Sheinbaum and other officials

Sheinbaum targets natural gas production as next step in energy sovereignty push

1
Sheinbaum marked the 88th anniversary of Mexico's oil expropriation with a new goal: ending the country's dependence on imported natural gas.
BETA Version - Powered by Perplexity