| | |  News Around the Republic of Mexico | October 2008 
Mexico to Increase Education Expenditure
 Presidencia de la República
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| | President Calderon: Despite world economic crisis, Mexico to increase education expenditure; over $440 billion pesos already spent in 2009. | | |
Guanajuato - At the start of a working tour of Guanajuato, President Felipe Calderón declared that despite the adverse international economic situation, the 2009 Federation Expenditure Budget Bill contains investment of over $440 billion pesos for the education sector, a 9% increase over last year.
Accompanied by state governor Juan Manuel Oliva Ramírez, the President explained that $7.5 billion of these $440 billion pesos will be earmarked for the new education infrastructure, in addition to the $6 billion extra pesos proposed for the Program to Promote Growth and Employment, which would also be used to build new university campuses, improve schools and remodel laboratories and classrooms among other needs of the sector.
President Felipe Calderón was at Guanajuato University to symbolically inaugurate various higher education centers throughout the state such as the Technological University of San Miguel de Allende, extensions to the Polytechnical University of Guanajuato in two campuses, Pénjamo and Santa Cruz de Juventino Rosas and the Instituto Tecnológico Superior de Irapuato, in various towns: Abasolo, Purísima del Rincón, San José Iturbide and Guanajuato.
The President explained that these new educational institutes, where degree courses and engineering is taught, to which Federal Government contributed nearly $306 million pesos, will open up new opportunities for quality higher education for 2,200 young people of Guanajuato.
“I am convinced that it is crucial to align education with the region's productive needs, and link programs and university degrees not only to the productive apparatus but also to the possibility of obtaining well-paid jobs for their young graduates," he declared.
From the football pitch at Guanajuato University where the event was held, President Felipe Calderón declared that despite the severity of the world's financial problems, Mexicans will have to overcome their problems, from which they will emerge stronger and more united. |
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