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BREAKING NEWS

BREAKING NEWS

Mexico City airport cancellation to cost about 0.7 percent of Mexican GDP - AMLO advisor

Mexico City airport cancellation to cost about 0.7 percent of Mexican GDP - AMLO advisor
FILE PHOTO: A general view shows a part of the terminal area at the construction site of the new Mexico City International Airport in Texcoco on the outskirts of Mexico City, Mexico October 29, 2018. REUTERS/Henry Romero/File Photo -
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Henry Romero(Reuters)
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NEW YORK (Reuters) - An advisor to incoming Mexican president Andres Manuel Lopez Obrador said on Thursday the cost of cancelling the construction of a new Mexico City airport will be around 0.7 percent of the country's gross domestic product.

Abel Hibert, one of Lopez Obrador's economic advisers, also said someone with a similar profile as recently nominated independent economist Jonathan Heath will fill the Bank of Mexico board seat that will be vacated after deputy governor Roberto del Cueto steps down on Nov. 30.

(Reporting by Rodrigo Campos; Editing by Chizu Nomiyama)

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