July 12, 2019 / 1:48 PM / 10 days ago

Mexican president says he sees no threat of recession

FILE PHOTO: Mexico's Finance Minister Carlos Urzua listens as President Andres Manuel Lopez Obrador (not pictured) speaks to the media during a news conference to announce a plan to strengthen finances of state oil firm Pemex, at the National Palace in Mexico City, Mexico February 15, 2019. REUTERS/Henry Romero /File Photo

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday that he sees no threat of a recession in the country, striking back amid mounting concerns about the health of the economy.

Speaking during his regular morning news conference, Lopez Obrador brushed aside economic concerns, saying the critics were speaking out “because it bothers them a lot that we have decided to end corruption.”

Reporting by Julia Love and Lizbeth Diaz; Editing by Chizu Nomiyama

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