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Despite Debt Reduction, Debt Service Payments Continue To Qualify As Major Financial Burden

LADB Article ID: 069005
Category/Department: General
Date: Wednesday, November 7, 1990
By: Steven Ranieri

According to a recent study by the UN Economic Commission for Latin America and the Caribbean (ECLAC), despite Mexico's restructuring agreement with commercial banks in 1989, foreign debt service continues to absorb 43.6% of total export earning...

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