July 12, 2019 / 1:45 PM / 3 months ago

Mexican president says he sees no threat of recession

FILE PHOTO - Mexico's President Andres Manuel Lopez Obrador delivers a speech on the first anniversary of his presidential election victory at Zocalo Square in Mexico City, Mexico, July 1, 2019. REUTERS/Carlos Jasso

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday that he sees no threat of a recession in the country, striking back amid mounting concerns about the health of the economy.

Speaking during his regular morning news conference, Lopez Obrador brushed aside economic concerns, saying the critics were speaking out “because it bothers them a lot that we have decided to end corruption.”

Reporting by Julia Love and Lizbeth Diaz; Editing by Chizu Nomiyama

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