Pension payments devour 24% of spending

Pension payments "ate up" 24% of the federal government's programmable spending from January to May of this year, with more than 626 million pesos allocated. Credit: Special

Pension payments "ate up" 24 percent of the federal government 's programmable spending in the January-May period of this year, with 626,331.6 million pesos allocated, a new record for this item, according to data from the Ministry of Finance (SHCP).