Mexican president voices regret on growth, but says economy fairer

amlo

12/03/19 – Reuters

By Dave Graham

Mexico’s president conceded on Sunday that economic growth has fallen short of his expectations, but said that wealth is now more fairly distributed as he celebrated a year in office riding high in opinion polls, in defiance of mounting problems.

A year ago, veteran leftist Andres Manuel Lopez Obrador assumed the presidency pledging to raise economic growth to 4% per year. Instead, the economy has stagnated and slipped into a mild recession during the first half of the year.

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