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Mexico considers more than $900-million package for quake rebuild

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Jose Antonio Meade, Mexico's finance secretary, said that the government is considering a recovery package worth 16 billion Mexican pesos ($905.7 million) to rebuild the states of Oaxaca and Chiapas following the Sep. 7 earthquake, Mexico News Daily reported citing El Universal. Mr. Meade said that Mexico's Natural Disaster Fund can contribute MXN 9 billion. The government has disaster insurance that will cover federal infrastructure damaged by the quake including schools, hospitals and highways, he added.

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