translated from Spanish: INE Commission approves 5 thousand pesos for parties

the Commission’s prerogatives and political parties from the Electoral National Institute (INE) approved on Monday a draft so that political parties receive funding in 2019 an amount 4 mil 965 million 828 thousand 351 pesos.
In the project, to be submitted to the discussion and approval of the General Council of the Institute, there are 4, 728 million 699,868 pesos for ordinary activities, permanent, and 141 million 860,996 for specific activities.
“The definition of these resources was based on the formula established in the Constitution, which is based on the number of people registered on the Electoral Roll (90 thousand 259 million 589 citizens and citizens) and the unit of measurement and to update” for 2018, it is 80,60 pesos according to the established by the National Institute of statistics and geography (INEGI) “, said the INE.
“In addition, it was defined that the distribution of public funding for the year 2019 will take place once you have certainty of the number of national political parties that will keep your registration and you have, in addition, the results of computations of the” by-elections which, in his case, come to be held”, added.
In 2018, year of presidential elections, the parties had 11 thousand 904 million pesos for expenses, if assigned at the federal level and in different States.

Original source in Spanish