Mexico City Mayor Ebrard: "Mexico should boost finance for small business"

Mexico should boost financing and guarantees for medium and small businesses, Mexico City Mayor Marcelo Ebrard said yesterday in the Mexican capital. Ebrard explained that the government needed to reach an agreement with banks in order to increase access to business loans. “If the risk from those loans calls for bigger guarantees, the government may fund those guarantees,” he said, adding that 'a program in the capital to renovate the city’s fleet of aging taxes could be used as a blueprint for a national plan to replace older city buses and improve public transportation.'