Mexican president urges G20 to avoid debt, bailouts in pandemic ...Middle East

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Mexican President Andres Manuel Lopez Obrador on Saturday urged fellow leaders from the 20 biggest world economies (G20) to steer clear of debt and bailouts in the efforts to handle the COVID-19 crisis that has caused a global recession. From the start of the pandemic, which has claimed at least 100,000 lives in Mexico, the government has eschewed taking on debt to fund bailouts for businesses or cash payments for workers - a different approach from many other nations that have sought to cushion the economic blow.

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Last updated : 21 Nov 2020 clock 10:45 PM

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Mexican president urges G20 to avoid debt, bailouts in pandemic ...Middle East

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