Privatizations during the neoliberal period caused damage to the country: Sheinbaum

Privatizations during the neoliberal period caused damage to the country: Sheinbaum


 Mexico City.  At the inauguration of the IMSS Bienestar General Hospital tower in Rioverde, San Luis Potosí, President Claudia Sheinbaum Pardo highlighted some of the damage that privatizations during the neoliberal period had caused in the country.

Many companies closed, he said, and among them he mentioned the former state-owned company Hules Mexicanos—referring to former workers protesting yesterday in Tampico—which is why "we stopped producing tires."

He also denounced that during the neoliberal period, companies that produced fertilizers for the Mexican countryside closed and "imports began."

Many companies were privatized, he recalled, to the benefit of "a few," and "highways and banks were bailed out for the benefit of a few."

“Our main objective is not to govern for a few… We are interested in supporting those who have historically been forgotten.”

The President mentioned that with the new economic model, "businesses have even recognized that Mexico is doing better now than before, because when wealth is distributed, it's better for everyone."

The people's resource "belongs to the people of Mexico, not to a few, nor to the rulers," he insisted.

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