The President affirmed that the Government of the Republic has sound public finances. Photo: Dark Quarter
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SONORA.
In a small rally, following “healthy distance” measures by Covid-19, the President of the Republic, Andrés Manuel López Obrador, recognized that a very strong economic crisis and promised to mitigate its effect on households without indebting the country.
In his eighth presidential tour of Sonora, held in San Luis Río Colorado, where he supervised the progress of public infrastructure, educational, sports, recreational and health spaces, the president promised to provide 500,000 supports to encourage entrepreneurs and a million credits for entrepreneurs in the informal economy, with a investment of more than 25 billion pesos.
Now with the coronavirus crisis, with the epidemic, we are going to expand social programs, we already know how to do it, it is not improvising anything; the same in the case of the tandas for the well-being, this year with small credits for 500 thousand merchants, artisans, those who seek life as they can ”, President López Obrador promised.
He stated that the Government of the Republic has healthy public finances and that the crisis will be faced without indebting the country. According to the president, in past six years in each world recession, a loan was requested from the International Monetary Fund to reactivate the economy, but supposedly in the 16 months of his administration, the national debt has not grown because there is a fight against corruption and austerity.
We are going to face this crisis with discipline, honesty, austerity and without affecting people because also before the recipe was to tell people, we have to tighten our belts; We dropped the price of oil like never before, 13 pesos the price of a barrel, before when that happened, the price of gasoline increased, although the prices of fuel in other countries fell, now we make the decision, we sell one million 200 thousand daily barrels from $ 50 to $ 12, we decided not to increase the price of gasoline, but lower it, “added President AMLO.
The President of the Republic, López Obrador, is scheduled to return to Sonora on Friday, April 10, at supervise works of the improvement program for border cities in Nogales.
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