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IDB approves $177.3 million in financing for Mexico power project

The Inter-American Development Bank announced the approval of $177.3 million in financing to support Termoeléctrica del Golfo, a private sector project for a 230 megawatt power plant in the Mexican state of San Luis de Potosí that will generate electricity for cement plants in central and northern Mexico.

IDB approves largest financing operation ever for Mexico

The Inter-American Development Bank announced the approval of $800 million in financing to strengthen the autonomy and administrative and management capacity of state and municipal governments in Mexico. The financing is the largest ever for a single operation by the IDB in Mexico.

IDB approves $135.6 million for Mexico power plant

The Inter-American Development Bank announced the approval of $135.6 million in financing to Fuerza y Energía de Hermosillo, S.A. de C.V., to support the development of a 250 megawatt combined cycle natural gas power plant in Mexico that will help meet the country=s growing electricity demand.

The IDB emphasizes the positive impacts of the stand-by agreement between Mexico and IMF

Inter-American Development Bank President Enrique V. Iglesias emphasized the importance of the stand-by agreement, which has been reached between the International Monetary Fund and the government of Mexico, as an important step in recognizing Mexico’s achievements in economic policy-making.

Memorandum of understanding signed for fund to support small businesses in Guanajuato, Mexico

Inter-American Development Bank President Enrique V. Iglesias and Vicente Fox, governor of the State of Guanajuato, and other officials from Mexico and the private sector signed a memorandum of understanding setting the basis for the establishment of a risk capital fund to promote small private businesses in the state of Guanajuato, Mexico.

IDB to sponsor national dialogue in Mexico to overcome poverty

The Inter-American Development Bank will host a national dialogue forum in Mexico Feb. 15-16 that will offer an opportunity for debate and discussion of policies to overcome poverty and inequality and foster social justice.

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