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Portillo vows hard work to curb Mexico crisis
Mexico's new president Jose Lopez Portillo urged austerity and business help to fight inflation and recession. He pledged banking reforms, tax shifts favoring the poor, and continued land reform while warning against loss of national confidence. Foreign dignitaries attended the inaugural ceremony.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Jose Lopez Portillo
Jose Represas
Nestle Company
Lopez Portillo
Luis Echeverria
Echeverria
Associated Press
Agrarian Reform Secretariat
Secretariat
Institutional Revolutionary Party
PRI