Mexico’s Bancomext seeking 50 mln USD loan from Nordic Investment Bank

MEXICO CITY, June 10 (Xinhua) — Mexico’s development bank for foreign trade, Bancomext, announced Sunday it had agreed to a line of credit of up to 50 million U.S. dollars from the Nordic Investment Bank (NIB) in order to finance clean energy and energy efficiency projects.

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IMF to make quarterly inspections of Argentinean economy

BUENOS AIRES, June 9 (Xinhua) — An Argentinean senior official confirmed Friday that the IMF will make quarterly inspections of the country’s economy to check whether it is abiding by conditions set in the institution’s 50-billion-U.S.-dollar credit line to Buenos Aires.

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