News
State Treasurer David Lemoine Addresses Mexican Government and Finance Officials
September 1, 2005
Augusta- Maine State Treasurer David Lemoine was invited by USAID to
address government finance professionals from the federal, state, and
municipal levels in Mexico City. USAID collaborates with Mexican partners to
increase access to effective financial services for traditionally underserved
populations. The USAID program will build the capacity of microfinance
institutions, improve the supervisory and regulatory systems, and leverage
remittances for new financial services, savings, and investment. USAID
collaborates with the Mexican government to achieve higher standards on
accountability and openness.
In his remarks, Lemoine talked about the Maine State Treasurer’s core
responsibilities of managing the state’s cash pool, debt and state held trusts.
The Mexican municipal bond market is only about 4 years old, and only a few
states have had market experience. Lemoine spoke about his experience
selling Maine bonds. For a copy of Treasurer’s Lemoine’s Powerpoint
presentation please email, Barbara Raths at barbara.raths@maine.gov.