The head of the Central Bank of Mexico Guillermo Ortiz (Guillermo Ortiz) stressed that the request for a loan does not mean that his country intends to spend borrowed funds as soon as they have access to them. Ortiz recalled that earlier Fedrezerv Mexico United States approved the provision of $ 30 billion, which will soon be distributed at the auction by local banks. "We have enough resources to cope with any circumstances," - said the head of the Central Bank of Mexico.
Mexico, said agency, became the first major Latin American country, committed to resort to IMF aid to combat the economic crisis. The last few years the economy of Mexico is considered one of the most stable in the region, 80 per cent of the exports of the country went to the United States. Reducing the consumer activity of Americans, caused by the economic crisis had a negative impact on the Mexican economy.
Representatives of the IMF, commenting on the treatment of Mexico, it is possible that it could become the first country to be able to use a flexible credit line "- a new instrument, the imposition of which it announced a few days ago. The IMF will provide a credit line does not contain any conditions upon receipt of a loan and do not limit the amount, the Fund's member countries with well-managed economies with strong fundamentals and sound economic strategy. " Mexico, said representatives of the IMF, in line with these requirements.
Earlier, the IMF loans have benefited Iceland, Pakistan, Ukraine, Latvia, and several other states most affected by global economic crisis.
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