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Page last updated at 08:33 GMT, Wednesday, 25 November 2009
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World Bank approves $1.5bn Mexico loan

The Palace of Fine Arts in Mexico City
Mexico has made progress in structural reform, says the World Bank

The World Bank has approved a $1.5bn (£900m) loan to support Mexico's economic stimulus packages which aim to help it recover from the downturn.

The loan will help to boost government efforts to stimulate the job market and support financial regulatory reform, the bank said.

It added that 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.



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