High interest rates give Mexico room for stimulus on coronavirus: official
FILE PHOTO: Mexico's Undersecretary of Finance and Public Credit Gabriel Yorio speaks during an interview with Reuters in Mexico City, Mexico September 11, 2019. REUTERS/Edgard Garrido
Policymakers have taken a range of approaches to deal with the economic fallout from the coronavirus, from emergency interest rate cuts and big spending packages to a wait-and-see-stance and pledges of action if required. Mexican Finance Minister Arturo Herrera earlier this week urged the private sector to boost investment to help counter the impact.
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