Puerto Vallarta News

Puerto Vallarta News

Mexico is spending the least in Latin America to face coronavirus crisis

Mexico is the country in Latin America with the lowest package of resources allocated by the Government to lessen the economic impact of the pandemic, according to data from the International Monetary Fund (IMF).

Belize and Mexico are the bottom two economies with the lowest percentage of investment for the pandemic, with amounts less than one percent of their GDP, according to Alejandro Werner, director of the Department of the Western Hemisphere.

In contrast, Peru and Brazil have packages with measures equivalent to 12 and more than 10 percent of their Domestic Product (GDP), respectively . . .

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