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IFC to double financing in Mexico

IFC to double financing in Mexico

May 29, 2023 | Rodrigo Alonso Cruz
World Bank's private sector lender plans to increase the amount to $1 bln by July next year, country manager says

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The International Finance Corporation (IFC), the private sector lender of the World Bank Group, plans to double financing in Mexico to $1 billion by July next year, Juan Gonzalo, IFC's country manager in Mexico, told LatinFinance on Thursday. Of the total amount, IFC could provide $600 million for companies to tap momentum in the nearshoring market and also devote up to $400 million to subscribe to thematic bonds like blue bonds, green bonds and social bonds, Gonzalo said. "IFC can support compa

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