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‘We are coming out of the hole’: López Obrador


President Andrés Manuel López Obrador assured that the economy is gradually coming out of the crisis that caused the covid-19 pandemic.

In a morning press conference, the head of the Executive said that one of the parameters to measure the impact is that foreign investment continues to arrive and that there has been no food shortage.

“Foreign investment continues to arrive, today comes a report from INEGI, on the increase in foreign investment, its report is up to August and there is an increase of 5 percent compared to July and it has been increasing. We are coming out of the hole in that we fell, “said the president from the National Palace.

He reiterated that April to June were the hardest months of the crisis and despite this, agricultural and livestock production was not reduced and there was no food shortage or inflation was out of control.

Even, he said, there is enthusiasm from investors to bring resources to Mexico. For this reason, he said, a new package of infrastructure works is already being prepared to be carried out with the support of the private initiative.

“I have a meeting next week with Carlos Salazar and other leaders of the business sector to review another package of infrastructure works, with significant amounts of resources, to continue boosting the country’s economy,” said López Obrador.

He insisted that the remittances received from the United States by Mexican migrants are one of the most important supports of the Mexican economy.

This Friday the president begins a working tour of Nayarit and Sinaloa, where he will supervise the construction of roads.

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