Mexico unveils private-backed $14 billion investment plan to lift ailing economy

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Mexico's government presented an almost $14 billion infrastructure investment plan on Monday as President Andres Manuel Lopez Obrador seeks to repair rocky relations with business leaders and lift the struggling economy.

MEXICO CITY - Mexico’s government presented an almost $14 billion infrastructure investment plan on Monday as President Andres Manuel Lopez Obrador seeks to repair rocky relations with business leaders and lift the struggling economy.The package, mostly privately financed, is the first clear sign of corporate bosses’ readiness to invest under Lopez Obrador since the coronavirus pandemic plunged Latin America’s no. 2 economy into its biggest slump since the Great Depression.

“We have no problem with business leaders. On the contrary, they deserve our utmost respect and admiration because they invest, generate jobs and create welfare,” he said alongside some of Mexico’s most prominent industry chiefs. The resulting chill in investor confidence that set in helped to tip Mexico into a mild recession in 2019 before the pandemic battered the global economy.

This year, leading forecasters expect Mexico’s economy to contract by up to 10% or more. Lopez Obrador has resisted calls to splash out to counteract the effects, keeping a tight rein on public purse strings to avoid going into debt.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Please stop saying López Obrador is a letftist, he is no such thing, never has.

Guy must suck a mean one.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Mexico unveils $14 billion investment plan to gee up economyMexico's government and business leaders on Monday presented a series of planned investments worth nearly $14 billion which President Andres Manuel Lopez Obrador hopes will help to lift the struggling economy. Is The Wall on that list anywhere? CJNG and Sinaloa licking their chops baby! Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 in just 3 days,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx
La source: Reuters - 🏆 2. / 97 Lire la suite »

Mexico unveils $14 billion investment plan to gee up economyMexico's government and business leaders on Monday presented a series of planned investments worth nearly $14 billion which President Andres Manuel Lopez Obrador hopes will help to lift the struggling economy. Is The Wall on that list anywhere? CJNG and Sinaloa licking their chops baby! Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 in just 3 days,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx
La source: Reuters - 🏆 2. / 97 Lire la suite »

Microsoft unveils investment to make Greece a regional hub for cloud servicesMicrosoft Corp. will invest in cloud services infrastructure in Greece, a boon to the country's economy that has been weakened by a decade-long debt crisis and the coronavirus pandemic, senior executives of the technology giant said on Monday. Bir Türk olarak bulutu bir daha kullamam cloud services...cloud service...like it.. Somehow they figure its the last place to be bombed.
La source: Reuters - 🏆 2. / 97 Lire la suite »