López Obrador revealed that Fox, Calderón and Peña had raised the public debt to 10 billion

Mexican President Andrés Manuel López Obrador, told a press conference that former Presidents Vicente Fox Quesada, Felipe Calderón Hinojosa and Enrique Peña Nieto increased the public debt of each badennium up to 10 billion pesos.

"Fox left a public debt of about 2 billion pesos, Calderón has brought it to 5 billion pesos and Peña to about 10 billion pesos"says Lopez Obrador

He also badured that during his government the public debt will not increase in real terms thanks to the austerity measures.

"It helps us understand what we are talking about, our goal is that this debt will not increase in real terms anymore.. That's why this plan, the spending discipline, is aimed at lowering the salaries of the top echelons, "said the Mexican president.

Lopez Obrador added that the collection was better than in the last six years, because according to his data, this figure increased by 5% in real terms, while in nominal terms an additional 100 billion pesos were needed. "We have healthy public finances," he insisted.

He added: "That's why discipline in spending, that's why reducing the salaries of those above, that there is no monthly salary of 700,000 pesos, that no one earns more than the president, that there is no luxury in the government, airplanes, that no head of state in the world has, that do not use helicopters, that there are more helicopters to transport the officials that they were even used to play golf, that all the paraphernalia be completed, be it an austere government. ".

He said his government would be respectful of the decisions thatTake Bank of Mexico and do not intervene in the financial market to influence the strength of the peso, but let the market free.

"Fortunately, our weight is good, there has been no depreciation, inflation is also under control. This is what leads us to say that we will reduce the debt, which will not increase in real termshe stressed.

With regard to the expenses of his administration and the objectives he must achieve, the President added: "The government has priorities, we carry out a program according to the needs of our populationfor the first time, we have our own national development plan … Our goal is to form an austere government, without corruption, we think we can unlock so many funds "said the president.

"More than 15 million Mexicans receive direct benefits, seniors, scholarships, speech credits., support to producers in the field, all this policy has a budget and it is not affected, it's sacred, "said López Obrador.