“Fobaproa Will Never Finish Paying”: Sheinbaum Advances SHCP Report
7 Articles
7 Articles
Claudia Sheinbaum confirms that the Fobaproa will not be paid out in 2050 as announced.
The President mentioned that the Secretary of Finance will clearly explain how FOBAPROA was made and how it is a debt that is practically unpayable
The interest and administrative expenses of the “unpayable” debt of the bank bailout of the 1990s reached 2 trillion 181 thousand 485,6 million pesos in July 2026, according to the data of the Ministry of Finance and Public Credit updated based on inflation. However, more than a billion pesos still remain to be settled, exhibit the reports of the dependence.
The promise that the Fobaproa would finish paying in 2050 is false, since it is an unpayable debt because nothing goes to capital, said the President of Mexico, Claudia Sheinbaum.In the next few days the Secretariat of Finance will present the study of this scheme, and why the government will ...
THE HERALDE OF MEXICO The debt of the Bank Fund for the Protection of Savings (FOBAPROA) is unpayable for Mexicans, acknowledged President Claudia Sheinbaum Pardo. From Palacio Nacional, the president informed that they will dedicate a morning to the explanation of this contingency fund created in 1990. “In a special morning we will talk ... The post Fobaproa is an unpayable debt for Mexicans, says Sheinbaum: “It will never finish paying” first …
The government will explain how the bank bailout was designed, what changes it has had, and why the debt payment is still unfinished.
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