Current version:   About the versions MAKE EMII.COM MY HOMEPAGE  
ETF
FX
1 
Current Page:1    

Mexico To Get $2B World Bank Loans

11-25-2009 | Source: emii.com

People & Companies in the News

Mexico will receive two loans, totaling about $2 billion, from the World Bank, The Wall Street Journal reports. The bank will offer a $1.5 billion loan in the first tranche payable in November 2021 and will disburse $491 million in the second tranche.


The $1.5 billion loan will be used to fund the counter-cyclical fiscal programs, which include temporary employment programs for about 600,000 people a year in 2009 and 2010. The $491 million will be used to finance AH1N1 flu-prevention measures.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Reuters.

1 
Current Page:1    



Print Article      Email Article      Comment on This

    

Search Articles

     Advanced search >>

Free Newsletters

10.253.1.3

Advertising | About Us | Site Map

Terms & Conditions | Privacy Policy

© 2007 emii.com