Mexico pledges US $90 million a year in development aid to Central America

President López Obrador has pledged to give US $90 million a year to Honduras, El Salvador and Guatemala to discourage Central American migration through Mexico to the United States with a regional development initiative.

On Saturday, the president signed a letter of intent to cooperate with Honduran President Juan Orlando Hernández. Following the signing, Foreign Secretary Marcelo Ebrard said the Mexican government will invest $30 million to create 20,000 jobs in Honduras over the next five months through a reforestation project based on the government’s domestic Sembrando Vida (Sowing Life) program and the apprenticeship scheme Youths Building the Future.

The president signed a deal with El Salvador President Nayib Bukele in late June, and Ebrard said the administration would offer the same investment to Guatemala after the second round of the country’s presidential elections in August.

But opposition leaders described the move as senseless, claiming that the expenditure is inconsistent with the administration’s austerity plan, which has slashed spending across the federal government, laid off government employees and cut many programs.

National Action Party politician Damián Zepeda accused the president of bowing to the United States’ immigration agenda to the detriment of the Mexican people.

“Mexico wants to sell an image of itself as being something it’s not; the president and his cabinet are out of touch. On one hand, Mexico is accepting an absurd position on the United States’ terms for migration, while on the other Mexico wants to solve other countries’ problems when it’s far from solving its own.”

Zepeda highlighted some of the administration’s problematic austerity measures, including a 25% cut in government spending, the dismissal of over 200,000 public servants, the withdrawal of daycare subsidies, incomplete pay for Federal Police and a shortage of medications in the public healthcare system.

Institutional Revolutionary Party lawmakers were in agreement. “They’re committing important federal resources when they have said ad nauseam that it’s necessary to find savings.”

President López Obrador brushed off the criticisms.

“Of course we are going to participate in this development program for Central America and Mexico, and we are going to do our share, including using our resources. Some are questioning this stance, even to the point of xenophobia.”

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

Have something to say? Paid Subscribers get all access to make & read comments.
Conibio group in Playa Baghdad

Space debris on Mexico’s Bagdad Beach might be from a launch by SpaceX

0
Environmentalists have collected more than 200 fragments from the beach on the Gulf Coast of Tamaulipas. Their connection to the Sept. 28 SpaceX launch from nearby Bolsa Chica, Texas, is suspected but not confirmed.
IMSS workers protesting in Mexico City on Oct. 13, 2026

Healthcare workers protest in virtually every state over pay, shortages and staffing

0
In addition to higher pay and better working conditions, IMSS workers have a range of other demands, including the allocation of resources equivalent to 7% of GDP to healthcare and the right to speak out about problems in their facilities.
Mexican flag

The IMF casts doubt on Mexico’s chances of cracking the top 10 of world economies by 2030

0
President Sheinbaum's economic policy blueprint, Plan México, envisions returning Mexico to being one of the world's 10 strongest economies. The International Monetary Fund has just issued a reminder that it won't be easy.
BETA Version - Powered by Perplexity