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From Times Staff and Wire Reports
Mexico’s Foreign Debt Declines: Although the private-sector foreign debt increased $1.19 billion to $7.44 billion in the first half of 1991, it was offset by a fall in the public sector debt, the Finance Ministry said. Principal payments helped push the total public sector debt down $1.34 billion to $76.43 billion at the end of the first half. In February, 1990, the total debt was about $100 billion. The ministry said the decrease reflected the benefits of the renegotiation of the foreign debt under the Brady Plan.
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