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Agustín Carstens elaborated on how the $1 billion in aid to businesses whose revenues were affected by the flu outbreak will be spent.

The idea is that they can postpone credit payments in the coming months and reprogram them in the meantime, to avoid businesses falling into insolvency, being reported to Bureau of Credit, and banks have to create reserves for them.

More than a third of the funds have been designated for small and medium-sized businesses, another 15 percent or so to the hospitality industry, 20 percent to airlines, and another big chunk to the pork industries. I believe this is part of the same plan he announced last week, although the article doesn't say explicitly that it is.