Crisis came like a ring to the finger to secure transformation: AMLO


President Andrés Manuel López Obrador said that the economic crisis that is looming due to the pandemic of COVID-19, came as a “ring to the finger to secure the purpose of the transformation.”

During his press conference, the President assured that the country will emerge strengthened from this crisis transient” because it will not change the purpose of his government, which is to end the corruption and that there is justice in the country.

“We came in this as a ring to the finger to secure the purpose of the transformation”, he said.

The President made these statements after being questioned about the purchase of hedges to oil, and that point that does not coincide with the growth forecast presented by the Secretariat of Finance and Public Credit (SHCP).

Lopez Obrador called again to the Bank of Mexico that does not use dollar reserves to stabilize the currency, because “they are going to swallow, and it’s not going to have result”, since in their opinion “so they destroy the economy of Argentina”.

It also said that it is not afraid of a scenario of massive unemployment in Mexico, since the economic stimulus plan that will be presented on Sunday is focused to alleviate that situation.

With information from EFE



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