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Contractual Savings Development
TO SUPPORT THE MEXICAN GOVERNMENT IN THE REFORM OF THE CONTRACTUAL SAVINGS SYSTEM FOR FORMAL PRIVATE SECTOR WORKERS WHICH IS DESIGNED TO: 1) INCREASE THE EQUITY AND EFFICIENCY OF THE OLD AGE SECURITY SYSTEM AND ENSURE ITS FINANCIAL VIABILITY, 2)IMPROVE THE ALLOCATIVE EFFICIENCY OF SAVINGS AND 3)ENHANCE THE DEVELOPMENT OF LONGER-TERM FINANCIAL INSTRUMENTS AND THE DEEPENING OF CAPITAL MARKETS

Project Detail

Country

Mexico

Project Number

ME0197

Approval Date

October 30, 1996

Project Status

Closed

Project Type

Loan Operation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

PUBLIC EXPENDITURE MANAGEMENT

Lending Instrument

Préstamo de Apoyo a Reformas de Política

Lending Instrument Code

PBL

Modality

PBL (Policy Based Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 600,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 300,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
963/OC-ME Sovereign Guaranteed USD - United States Dollar Ordinary Capital Single Currency Facility
Operation Number 963/OC-ME
  • Lending Type: Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Single Currency Facility

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Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-181545665-9277
Loan Proposal
Contractual Savings Development Program [459953].PDF
Dec. 31, 1999
English

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