Economy, with the largest growth in 50 years: FCH

Mexico City.- President Felipe Calderon affirmed that “when it was the time for the big decisions” his Administration did not hesitate to make the decisions required to alleviate the effects from the global economic crisis, and this eventually was for the economy’s advantage, which is now posting the largest growth in the last 50 years. In the 30th Ordinary General Meeting by Consejo Coordinador Empresarial (CCE) (Enterprises Coordinating Council), Calderon also said the inflation has been the lowest since the seventies. "We took other measures, extremely complex, hard and difficult. I must confess that at times we were running a huge risk, such as the one taken with the state-owned power generation and distribution company, Luz y Fuerza del Centro. But that was the time to act, to make big decisions, this was what the government required to advance”, he said.