Anti-inflationary plan guarantees control in price increases: AMLO

Anti-inflationary plan guarantees control in price increases: AMLO

The president of Mexico, Andres Manuel Lopez Obrador (AMLO)assured that his government’s anti-inflationary plan guarantees control over price increases.

“With these measures we guarantee that there is control in the increase in prices, that fortunately we made decisions in time and that it was wise to allocate a subsidy so that the price of gasoline does not increase,” he said in a morning conference.

He asked not to forget that only in the previous government there were gasoline attacks.

Lopez Obrador He referred that when gasoline increases everything increases and for this reason it was also decided that there would be no tax increases.

The president added that if taxes are increased, some distributors take the opportunity to raise the prices of their merchandise.

He assured that anti-inflationary measures are heterodox and are not applied by neoliberals.

“They demonized the subsidy and they don’t care about protecting the popular economy, we do, because inflation is a tax that affects workers, that affects the poor.”

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