Mexican president vows to help the poor, not big companies amid coronavirus crisis

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Mexican President Andres Manuel Lopez Obrador said he would focus his response to the coronavirus outbreak on helping the poor rather than major companies.

Mexico City - Mexican President Andres Manuel Lopez Obrador said on Monday he would focus his response to the coronavirus outbreak on helping the poor rather than major companies as the virus spreads in Mexico, and that he would unveil more details on Tuesday.

Although the government has yet to take drastic measures to slow the contagion, such as issuing travel bans or requiring self-isolation, it has banned large events, suspended classes in primary schools and recommended people keep distance from others. Already, small businesses have begun to reel from the impact across the country, where millions live in poverty.

"No more rescues in the style of the neo-liberal period, that provided for banks, big companies. They shouldn't even be thinking that there will be tax forgiveness or other mechanisms that were used before," he said.

 

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