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January 8, 2023
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Mexico anticipates payment of debt to the World Bank for 3,500 million pesos

Mexico anticipates payment of debt to the World Bank for 3,500 million pesos

The agency reported that the payment is “part of the strategy to ensure an orderly financial transition for the next administration.”

Said strategy has focused on reducing the debt service of 2025 through the recommission of market bonds and prepayments of credits from international financial organizations, the Treasury added in a statement.

With the advance payment to the World Bank, to date, it has been possible to reduce the payment of the doubt service by 70% by 2025 in approximately 58,000 million pesos, the Treasury concluded.

In December of last year, the Treasury also announced the early payment of debt for 896 million pesos to the Inter-American Development Bank (IDB).



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