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Showing posts with label IMF approves $47 billion credit line for Mexico. Show all posts
Showing posts with label IMF approves $47 billion credit line for Mexico. Show all posts

IMF approves $47 billion credit line for Mexico

The International Monetary Fund approved a 47-billion-dollar credit line for Mexico Friday under a new scheme designed to throw a cash lifeline to countries hit by the global economic crisis. "The Mexican authorities have stated they intend to treat the arrangement as precautionary and do not intend to draw on the line," the IMF said.

Sunday, April 19, 2009

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