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Mexican president: Coronavirus bailout will help poor, not major companies

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March 24, 2020 - 09:47 AM EDT

Mexican president: Coronavirus bailout will help poor, not major companies

BY J. EDWARD MORENO

Mexican President Andrés Manuel López Obrador on Monday said the country’s coronavirus stimulus package will focus on helping the poor as opposed to major corporations.

“If we have to rescue someone, who do we have to rescue? The poor,” he said during a press conference, adding that more details of the plan would be revealed on Tuesday.

“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 added.

López Obrador won the 2018 Mexican election running on a populist message.

On Monday, 367 cases of coronavirus were reported in Mexico, up from 316 the day before, with a total of four deaths in the country.

Though local governments have taken upon themselves to cancel classes and public health officials have launched educational campaigns, little has been done to assure the Mexican workforce that if they miss days they’ll still be compensated.

López Obrador has yet to take drastic measures to enforce self-isolation and has even encouraged citizens to continue commerce as normal.

TVN Noticias

✔@tvnnoticias

#Mundo Presidente de México, Andrés Manuel López Obrador, dijo a los ciudadanos que "no dejen de salir, yo les diré cuándo no salgan". Además pidió que no "entren en pánico". #NoticiasTVN

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11:53 AM - Mar 23, 2020

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His handling of the pandemic has drawn international criticism, including from the president of El Salvador, Nayib Bukele.

In El Salvador, the federal government issued a 30-day countrywide quarantine and took measures to freeze rent payments and provide stimulus checks to citizens.

"I’m begging [Mexico] to take drastic and overwhelming measures amid this pandemic, Mexico is a very big country and so should be its responsibility," Bukele tweeted.

Nayib Bukele

✔@nayibbukele

·Mar 16, 2020

Replying to @nayibbukele @m_ebrard

Los jóvenes son salvadoreños, son nuestra responsabilidad y estoy dispuesto a enviar un avión especial por ellos.

Lo que no puedo permitir es que los suban junto a otros 200 pasajeros y tripulación, sin ni siquiera avisarnos y tenernos que enterar por fuentes no oficiales.

Nayib Bukele

✔@nayibbukele

Le ruego que tomen medidas drásticas y contundentes ante esta pandemia, México es un país muy grande y así debería ser su responsabilidad.

De lo contrario, en 20 días el epicentro de la pandemia no será Europa, si no Norteamérica.

Dejen de ver esto como algo normal, por favor.

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11:24 PM - Mar 16, 2020

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https://thehill.com/policy/international/489190-mexican-president-coronavirus-bailout-will-help-poor-not-major-companies
 
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Toronto Escorts