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The President of Mexico, Andrés Manuel López Obrador, said this Thursday at his press conference that he was respectful of the autonomy of the Bank of Mexico, but recommended that “hopefully you do not gamble to want to stabilize the peso, to want to stop the depreciation of the peso by injecting dollars from our reserve, because it is going to be swallowed and it will not have a result, it will not work, those are the practices that were not they worked. ”
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“This is how they ended up destroying the Argentine economy, by following those recommendations, but I repeat, I am respectful of the autonomy of the Bank of Mexico, but as a Mexican and also as president, I would like them to act with prudence, that we hope we do not allow ourselves to be screened, because there is an avalanche of recommendations, it is as if I was nervous about what the columnists, columnists, radio and television commentators say, because I could not do anything , could not govern, one must have poise, head, heart “, indicated the Mexican president.
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“Now I don’t agree either. Look to start there is no economic normality for obvious reasons, everything is altered. I maintain that the price of oil will increaseIf we make a forecast for what is going to happen in 2021, when we are in the first quarter of 2020, it is not correct for me (…) We are going to wait, we still do not know what will happen, ”said the Mexican president.
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The Ministry of Finance and Public Credit (SHCP) cut this Thursday its growth forecast between -3.9 and 0.1 percent, according to the document “Pre-Criteria 2021”, delivered to the Union Congress.
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The agency explained that the macroeconomic perspectives at the present juncture “have a high level of uncertainty regarding the complexity of the pandemic situation” of the coronavirus COVID-19, which makes it difficult to establish a specific growth forecast for the Mexican economy.
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“I have not seen exactly what they proposed, I will review it, but I am optimistic because there are those who submit to what the international financial organizations, because they always win in crisis, ”said López Obrador.
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The Mexican president reiterated that the country “will get ahead” of the crisis caused by Covid-19, and said, “We are going to come out stronger.”
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“I have a clear conscience and I know that we are doing well, and that is what I want to transmit to the people and I am doing it. Yesterday I used the term for the first time, transitory crisis, that will not take long and we will be strengthened because it will not make us change our purpose: to end the corruption and that there is justice in the country, so this came as a ring to the finger to strengthen the transformation, ”he said.
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López Obrador assured this Thursday that the health crisis triggered by the coronavirus and the global economic crisis is “transitory”.
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“This is a transitory health and economic crisis, this means that we are going to leave soon, that it is not a debacle, that our strengths are more than our weaknesses. It is a lot of people and a lot of culture of the people of Mexico so as not to be able to face adversity, ”he said.
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In his press conference, he thanked the people of Mexico for complying with the sanitary measures to avoid more infections, “people are behaving to the hundred”, he said and assured that the people are conscious and responsible, for which he called to continue complying with the restriction mobility and stay at home.
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