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Mexico Rejects Banks' Counteroffer On Debt Reduction

ISSN:1060-4189
LADB Article ID: 072509
Category/Department: General
Date: Tuesday, July 4, 1989
By: John Neagle

On June 29, the Mexican government rejected a counteroffer presented June 27 by foreign commercial bank creditors to reduce its foreign debt by $15 billion. Mexico's delegation headed by Deputy Treasury Secretary Jose Angel Gurria is reportedly ...

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