Mexico to help the poor, invest in energy to ease economic pain

Mexico's President Andres Manuel Lopez Obrador holds a news conference at the National Palace in Mexico City, Mexico

President Andres Manuel Lopez Obrador on Sunday said Mexico’s government will use the budget stabilization fund and cash from various trusts to shield the poor and help the economy weather a sharp coronavirus-driven slowdown.

The government will also next week announce a public investment programe in the energy sector worth 339 billion pesos ($13.5 billion), the president added.

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