Official information from authorities

Information Federal Gov.

(May 13, 2020)

IMSS

- The Institute has published a communiqué with labor and wage information during the month of April, where you can find information on the effects that the pandemic has had on the companies registered with Social Security. As an example of this, a decrease of 555,247 reports a decrease of 555,247 jobs during the month of April. Find the complete press release here: https://bit.ly/2AfMCDF

Health Council

1. Construction, mining and manufacturing of transportation equipment are added to the list of essential activities.

2. Restrictions are released for school and work activities in non-infected municipalities neighboring municipalities that are also free of infection. also free of contagion.

3. All companies and establishments shall apply mandatory sanitary measures in the work environment, which shall be issued by SSA, IMSS and STPS. issued by SSA, IMSS and STPS.

4. As of June 1, 2020, the SSA will define a weekly traffic light for each state. Each color will allow certain economic economic, educational and social activities with specific levels of intensity. Find here the complete Agreement published in the DOF: https://bit.ly/2WuB3Bj

The reopening of activities will have 3 stages:

- The installation of sanitary fences will begin (May 14-17) in the areas that are less affected and close to reopening.

Semaphore of levels of reactivation of activities in the states of the Mexican Republic

- The status of the cities and municipalities will be announced weekly through the use of the 4 colors that the traffic light contains. traffic light contains

State Information

(May 13, 2020)

Secretary of Education

- It has been announced that there will no longer be a return to on-site classes this school year and that online activities will continue until the end of the school year. until the end of the school year.

Secretary of Health

- The Secretary of Health has commented that the information that the Secretary of Health has mentioned is different from the information available at the state level, since the State Secretary has the data including laboratories and private hospitals. the state level, since the State Secretary has the data including laboratories and private hospitals, which increases the number of confirmed cases and therefore the panorama is different. number of confirmed cases and therefore the panorama is different. He also commented that there is no specific mathematical model to determine the behavior of the pandemic. to determine the behavior of the pandemic in the State. - The Secretary has stated that this month there will be no reopening of activities, according to the decree published in the Periódico Oficial del Estado. Oficial del Estado.

Number of cases

Economic Situation

Financial indicators

Main economic news

(May 13, 2020)

- Automotive, construction and mining are already essential activities. The GSC approved four agreements for the progressive lifting of the containment measures against Covid-19 (El Economista). measures against Covid-19 (El Economista). https://bit.ly/2WqKUrG

- How will the plan to reopen Mexico's economy be implemented? 51 days after the start of the Jornada Nacional de Sana Distancia, the federal government presented this government presented this Wednesday its plan to return "to the new normality", which is normalcy", which is divided into three stages for the restarting of social, economic and school social, economic and school activities (El Economista). https://bit.ly/3bsPDNZ

- Mexico seeks to give priority to state-owned companies, limiting renewable energy companies renewable energy companies: Bloomberg. In the document obtained the media, it is stipulated that the National Energy Control Center would have the authority to reject new would have the authority to reject new plant study applications. (El Financiero). https://bit.ly/2Z15OiL

World News

- Reopening of small businesses in Spain, Colombia and Peru. The European country started phase 1 of reactivation in businesses such as restaurants, beauty salons and small shops in 11 autonomous communities. such as restaurants, beauticians and small stores in 11 autonomous communities; shopping centers are expected to open on May 25. In Madrid, this phase has not yet begun. https://bit.ly/2WQv60p

- Latin America's debt will increase 7 points of GDP. Moody's expects Latin American countries' debt to rise by up to 7 points of GDP to an average of 54% of GDP, as a result of up to 7 points of GDP to average 54% of GDP, as a result of tighter financial conditions, higher interest payments and the effect of the economic contraction on debt metrics. conditions, higher interest payments and the effect of the economic contraction on fiscal metrics. https://bit.ly/3fKT45V

- Panama will begin gradual reopening of the economy to control the coronavirus. The Panamanian government will begin this week the gradual reopening of some economic reopening of some sectors of the economy, such as e-commerce, mechanic shops and fishing. https://bit.ly/2T1bfdU

- Norway will draw €38 billion from its sovereign wealth fund to address the Covid-19 crisis. The figure represents an increase of 71% increase over the resources it withdrew from the fund last year. https://bit.ly/3cpitQy

- UK to pay 80% of workers' wages through October to avoid mass layoffs. The Institute for Fiscal Studies Fiscal Studies Institute estimates that the cost of the program through October will be around £100 billion. https://bit.ly/2zAvaJC

- India launches 250 billion euro economic recovery plan. The economic revival plan announced by Minister Narendra Modi Minister Narendra Modi is equivalent to 10% of India's GDP and would put India on the road to self-sufficiency. https://bit.ly/2LrdL8Y

- The United States registers a record budget deficit of 738 billion dollars. The Treasury Department said last month's deficit last month was the first to reflect heavy government spending that has been authorized to try to mitigate the effects of Covid-19. Covid-19. https://bit.ly/3dLmVJx