Mexico.-the President of Mexico, Andrés Manuel López Obrador (AMLO) estimated to celebrate 100 days of Government, to recover some 700 billion pesos annual budget thanks to the fight against the co rrupcion, austerity and savings in procurement.” We will have an extra bag for what is needed of 700 billion pesos this year”, said the President from National Palace in the report for its first 100 days of mandate. Although previously he had made reference to the money to be recovered thanks to the fight against corruption, he reeled off the amount of money expected to at this public event. In public procurement, such as drugs, he estimated to save about 200 thousand million pesos and in “banish corruption” will prevent “leaks” by around 300 billion pesos.
Finally, the austerity plan will “release development funds” by another 200,000 million pesos. Accompanied by members of the Executive, senators, deputies and State Governors, said that macroeconomic balances not alter “under any circumstances” or will be spent more than what was entered.
We will keep a responsible management of public finances, he said, and reiterated that taxes will not increase.
Positively, he noted that the Mexican peso has appreciated against the dollar since he assumed the Presidency on December 1 and underlined the growing confidence to the consumer, the fall of inflation and the rise in the minimum wage.” Economy fortunately is underway, little grows but there is no hint of recession as they liked our adversaries and conservative, or as forecast analysts with bad faith. They will meet with the desire to”, she said. In this way, accepted “the challenge” to comply with its own promise that the economy grows at a rate of 4% per year during his six-year term, which will culminate in 2024, and understood the existing “skepticism” about this forecast. He stressed that public investment will be “seed capital” to attract private investment and stressed the importance of infrastructure as the train Maya, an example of public-private partnerships. He reiterated the need to cancel the new international airport in Mexico and the benefits of converting the Santa Lucia military base into a civilian airport.
At the Lake of Texcoco (which was to locate the new airport) we were going to suffer subsidence and going to cost a lot maintenance, he added.
He also added that will rescue the oil industry, which suffered from “neglect and corruption”, and criticized, again, the energy reform that opened the sector to private initiative and was driven by his predecessor, Enrique Peña Nieto.
We are optimistic because already stopped corruption tolerated in Petroleos Mexicanos (Pemex) and in the Federal Commission of electricity (CFE), said.
Finally, it showed its commitment to culminate during his tenure the works that boost from the Executive, as the train Maya.Este Monday, the leader of the left-wing national regeneration movement (Morena) held in National Palace an extensive report by his first 100 days of Government. These months have been marked by the fight against theft of fuel, austerity in the Administration, the promised fight against corruption, the implementation of social programs or the clash with agencies risk rating. After losing the presidential election in 2006 and 2012 amid accusations of electoral fraud, finally, Lopez Obrador won elections in July 1, 2018, with 53% of the vote, becoming the first left-wing President in decades. The President has reached 100 days of Government popularity record and an approval of close to 80% of Mexicans, according to several polls published in recent days.
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