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Mexico Gets Hefty World Bank Loan

Nov 25, 2009

The World Bank has approved a $1.5bn loan for Mexico to support economic policies in response to the global crisis. The loan is due November 2021 and basis 6-month Libor, including a...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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