Mexico to Create More Jobs with IDB Loan

The Inter-American Development Bank has approved a loan worth USD150 million for the

and promotion of worker productivity and stability in Mexico. The loan completes IDB's series of loans that seek to improve the country's labor competitiveness, which was seriously affected by the global financial crisis and the AH1N1 influenza emergency.

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.