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Mexico’s budget benefits the poorest, says López Obrador

Mexico’s budget benefits the poorest, says López Obrador

Mexico, Nov 16 (Prensa Latina) Mexican President Andres Manuel Lopez Obrador assured Monday that the approval of the federal budget benefits mainly the poorest.
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The president announced that he would meet with legislators to thank them for the approval of the spending bill, after an arduous battle, since the amounts and distribution agreed upon will directly benefit 25 million families, especially from the poorest to the middle class.

But not only them, he said in his daily press conference, but also those who have more income because the new distribution allows for tranquility and peace, which is the fruit of justice.

The new budget, he added, strengthens the domestic market, gives more capacity for national consumption, because when people only have enough for the basics, and sometimes not even for that, they do not consume and productive activity and commerce shrinks.

When there is money, on the contrary, people have resources, income to spend, and industry, productive activity and commerce benefit, something that has been more than proven, he said.


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