May 18, 2022 |
Mexican development bank Banobras could double financing for infrastructure projects to up to MXN200 billion ($10 billion) this year if the government's spending plans require more funding, CEO Jorge Mendoza told LatinFinance on Tuesday.
As it stands now, the state-run lender is lining up MXN100 billion in financing for infrastructure projects in 2022, including MXN50 billion for a third infrastructure package that the government is expected to announce soon, Mendoza said.
"If there are projects
Mexican development bank could provide as much as $10 bln for infrastructure projects in 2022, CEO says