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Article: AGRICULTURAL ORGANIZATIONS CRITICIZE GOVERNMENT'S PLAN TO RESTRUCTURE RURAL SUPPORT AGENCIES
- Article from:
- SourceMex Economic News & Analysis on Mexico
- Article date:
- October 4, 1995
CopyrightCOPYRIGHT 1995 Latin American Data Base/Latin American Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In late September, President Ernesto Zedillo's administration announced plans to restructure several agencies that provide support for the agriculture sector. The 11-page document was drafted by the Finance Secretariat (SHCP) and includes significant changes in the structure of the national rural bank, the agricultural insurance agency, and other agriculture related entities. The proposals, however, drew immediate criticism from a number of prominent agricultural organizations.
The SHCP plan says that the restructuring of the agencies will benefit agricultural producers by increasing the number of branches for the various agricultural financing institutions around the ...