World Bank gives over $200 million in aid to Mexico for swine flu

April 27, 2009 00:46


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The World Bank said Sunday that it is providing Mexico with more than $200 million in loans to help it deal with an outbreak of a new strain of swine flu. Mexican health officials say swine flu has killed up to 86 people and probably sickened about 1,400 in the country since April 13. Mexican Finance Minister Agustin Carstens, in Washington to attend the World Bank's spring meeting, said the money includes an immediate loan of $25 million to buy medicine and medical equipment. The remaining $180 million in loans will be used to build up operations and institutional capacity needed to cope with the outbreak. "Lots of resources are being devoted to bringing under control this issue," said Carstens, who is chairman of the World Bank's policy steering committee. "We will have to wait some days to a have much better idea of the consequences." Carstens said it was too early to know if the outbreak will disrupt the Mexican economy.

Related Content

August 18, 2018
Hedging Bets: Turkey Courts Europe Amid Row With U.S.