Mexican President Vows $2.5 Billion To Stimulate The Economy

The transcript discusses Mexico's economic and health response to the COVID-19 pandemic. President Lopez Obrador announced loans to support small businesses amid criticism for his delayed response. Mexico, already in recession, faces further economic decline. Health officials advise wearing masks, but access to clean water is limited in impoverished areas.

What action did President Lopez Obrador announce to support small businesses?

• Providing 3 million loans

• Increasing taxes

• Offering tax rebates

• Reducing import tariffs

What was the state of Mexico's economy before the pandemic?

• Unchanged

• Stable and growing

• In a recession

• Experiencing rapid growth

How did President Lopez Obrador initially respond to the COVID-19 outbreak?

• By downplaying the virus

• By implementing strict lockdowns

• By increasing healthcare funding

• By closing borders

What did Swiss bank UBS say about Mexico's response to the pandemic?

• It was too early to judge

• It was average compared to other countries

• It was among the weakest globally

• It was the strongest in the world

What challenge do many regions in Mexico face in following health officials' advice?

• Limited public awareness

• Inadequate healthcare facilities

• Shortage of face masks

• Lack of access to clean water