World Bank

President López Obrador said the $1 billion loan is a “routine operation”

The World Bank has issued a new report titled “The Economy in the Time of COVID-19”

The World Bank also cut Mexico's growth from 1.5% to 1.2% for 2020

Nowadays, MXN $200 are equivalent to MXN $106 of 2009 due to cumulative inflation

Off the Record features fact-checked news written by journalists and contributors to EL UNIVERSAL

Off the Record features fact-checked news written by journalists and contributors to EL UNIVERSAL

It is estimated that 72% of food waste is generated in the first links of the production chain, from pre-harvest to distribution while the remaining 28% is generated when the food reaches both retailers and consumers

The World Bank's Doing Business report compares business regulation environments across economies and encourages them to compete towards a more efficient regulation

The cut is due to exports' weaker-than-expected performance

Local debt has risen from 1.7 % of the GDP in 2008 to 3%.