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RSS FeedsMexico: More social spending, no big business bailout
(WorldNews Mexico)

 
 

6 april 2020 03:01:29

 
Mexico: More social spending, no big business bailout
(WorldNews Mexico)
 


MEXICO CITY (AP) - Mexican President Andrés Manuel López Obrador said Sunday there will be no huge economic stimulus program as the country faces the threat of coronavirus-induced crisis almost certainly unlike any it has seen in the past century. Instead, the administration will expand his signature social programs, continue to prop up the heavily indebted state-owned oil company, deepen the government´s austerity campaign and do everything possible to avoid taking on more debt. `There is a lesson that we have learned well and that we don´t forget,` López Obrador said to an empty and echoing National Palace patio. `An economic model that only benefits minorities does not yield general...


 
16 viewsCategory: General > North America > Mexico
 
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