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Mexico - Agricultural Sector Loan Project (Inglês)

The Agricultural Sector Adjustment Loan Project is the first of a series of such loans to promote greater efficiency and higher productivity in the agricultural and agroindustrial sectors. It is an important part of the package of external financing linked to implementation of Mexico's economic reform program. The project supports a program of continuing reforms and of achievements in the areas of consumer food subsidies and their targetting, improvement of producer pricing policies, privatization of parastatals, agricultural and agroindustrial trade liberalization, streamlining and decentralizing of the Ministry of Agriculture, rationalization of public investments in agriculture, and reduction of input subsidies. The loan will finance general imports with priority given to agricultural inputs and foodstuffs.

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