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Mexico | Impact of Covid-19 on the economy: inaction is more dangerous than overreaction

Published on Wednesday, March 25, 2020 | Updated on Thursday, April 2, 2020

Mexico | Impact of Covid-19 on the economy: inaction is more dangerous than overreaction

This is a time when decisions must be made quickly; what is decided will have significant consequences. Drastic measures to ensure that people isolate are urgent, “desirable” and absolutely necessary.

Key points

  • Key points:
  • It is also necessary to allocate fiscal resources to have as many tests as possible, including on people who are not showing symptoms
  • Economic measures are needed as never before to limit the economic consequences of the pandemic on people, starting with the most disadvantaged; fiscal objectives must be put on the backseat
  • The private sector must also respond to the circumstances

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