Tuesday, February 15, 2011

Less Mérida Money

El Universal reports that the amount of money allocated for Mérida Initiative spending in FY 2012 totals $282 million, or just over half of what was laid out (though not spent, at least not yet) in 2010.

This is certainly not a sign of redoubled interest in Mexico from the Obama administration, but as I've said before, money isn't the best measure of how much the US is doing to help Mexico. More important than the dollar amount are the programs being funded, and if it's targeted correctly (i.e. fewer helicopters), this doesn't necessarily have to be a correspondingly steep decline in the positive US impact in Mexico.

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