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Puerto Vallarta News NetworkBusiness News | November 2009 

World Bank Approves $1.5B Mexico Loan
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November 25, 2009



The World Bank has approved a $1.5bn (£900m) loan to support Mexico's economic stimulus packages which aim to help it recover from the downturn.

The loan will help to boost government efforts to stimulate the job market and support financial regulatory reform, the bank said.

It added that Mexico had already made progress in implementing reforms.

In September, the bank agreed to loan India $4.3bn to boost credit to companies and improve infrastructure.




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