"The spirit of cooperation is losing ground to the desire for profit, and this is leading us to slide from civilization into barbarity," López Obrador said.
Lopez Obrador proposed that the program be funded by an annual 4% contribution from the fortunes of the 1,000 richest people and corporations, plus a donation from G20 countries equivalent to 0.2% of their economies.
"The resources of this fund must reach the beneficiaries directly, without any intermediaries, by means of a personalized card or electronic wallet," he said, adding that the World Bank and the International Monetary Fund could help design the fund.
President Joe Biden to meet with Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at the White House for the first North American Leaders' Summit since 2016
Lopez Obrador proposed that the program be funded by an annual 4% contribution from the fortunes of the 1,000 richest people and corporations, plus a donation from G20 countries equivalent to 0.2% of their economies.
"The resources of this fund must reach the beneficiaries directly, without any intermediaries, by means of a personalized card or electronic wallet," he said, adding that the World Bank and the International Monetary Fund could help design the fund.
President Joe Biden to meet with Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador at the White House for the first North American Leaders' Summit since 2016