Weekly Report - 14 May 2020 (WR-20-19)

MEXICO: Tensions over reopening the economy

Mexico’s automotive industry, as well as its mining and construction sectors, will reopen on 18 May, and a gradual lifting of measures to contain the coronavirus (Covid-19) pandemic will follow on 1 June. Confirmation of a post-lockdown economic resumption and a ‘new normality’ was made on 13 May by the health minister, Jorge Alcocer, although various state governments are likely to defy the federal government over easing the current restrictions. Alcocer insisted that “health and lives” were the number one priority, but the federal government is desperate to reactivate the economy amid some of the bleakest growth forecasts in the region.

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