IDB Plans USD3 Billion for Mexico in 2009

The Inter-American Development Bank is ready to lend USD3 billion to boost the fight against swine flu and mitigate the effects of the financial crisis in Mexico,

reported. "Mexico is confronting these challenges in an effective, timely and transparent way," IDB President Luis Alberto Moreno remarked. "In support of those efforts, we will expand the resources for a series of programs in our pipeline and we will speed up disbursements."

About the author

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    Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.