Monday, 27 October 2008

Mexico to borrow up to $5 billion in financial stability plan

Mexico's central bank on Monday announced a financial stability plan including an increase in its foreign debt of up to five billion do
llars, a statement said.

Mexico "will increase the financing planned originally for 2008 and 2009 with international financial organisms like the Inter-American Development Bank and the World Bank up to a sum of five billion dollars," the statement said.

Source: EconomicTimes

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