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LatinNews Daily - 24 October 2019

In brief: Mexico to advance infrastructure tenders

* Mexico’s economy minister Graciela Márquez Colín has said that the Mexican government will bring forward infrastructure tenders planned for next year to reactivate the country’s economic growth. In her appearance before the federal chamber of deputies, Márquez Colín explained that the plan is to launch tenders scheduled for 2020 before the end of this year so that it will serve as an “armour” that will fortify the response capacity of Mexico’s economy and will help tackle head-on the domestic economic slowdown. Márquez Colín added “we want to use this as a counter-cyclical measure. Mexico does not have counter-cyclical funds like other countries do”.

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