Segob does not see economic slowdown due to omicron

Adán Augusto López Hernández, head of the Interior (Segob), trusted that Despite the rise in the number of infections due to the new omicron variant and the absenteeism that this could cause, economic activity in the country will continue and ruled out that there may be an economic slowdown.

In press conference “morning” that he leads to replace President Andrés Manuel López Obrador (AMLO) who is recovering after testing positive for COVID-19, López Hernández acknowledged the increase in infections “we cannot hide that”, but affirmed that there is a whole federal government strategy to attend to them.

“We believe that despite the increase in cases of the pandemic, economic activity will continue and there will be no economic slowdown”.

“Fortunately this variant so far the constant is that the percentage increase in the number of hospitalized is very little and fortunately the mortality or fatality with this virus is reduced,” he said.

This Friday El Universal reported that infections by the omicron variant of COVID-19, which this week reached a record of more than 44 thousand per day, will affect economic growth in the first quarter of the year due to absences due to illness in the productive sectors, experts warn.

Thus, the growth of the country’s Gross Domestic Product (GDP) in the first quarter of 2022 could range between 1.0% and 1.5% annually, less than half of the 3.3% projection of specialists consulted by the Bank of Mexico, said José Luis de la Cruz, director of the Institute for Industrial Development and Economic Growth.

Among the affected activities are commerce, tourism, restaurants, educational services and transportation, he said.



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