World Bank Grants Loan To Mexico
 

The World Bank has approved a $1.5bn loan to Mexico to support its economic stimulus packages and help it recover from the global economic downturn.

 

The World Bank said, ’’ The loan will help to boost government efforts to stimulate the job market and support financial regulatory reforms.’’

It said 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.



BBC/Yinka

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