U.S. AID TO MEXICO NOT AN ECONOMIC CURE-ALL SERIOUS PROBLEMS AWAIT AFTER THE DEBT CRISIS IS SOLVED.(BUSINESS)

Byline: ANTHONY DEPALMA New York Times

MEXICO CITY The $20 billion in U.S. aid announced Wednesday goes a long way toward resolving Mexico's immediate debt crisis, but by all accounts here it stops well short of addressing other serious problems afflicting the battered Mexican economy, which many economists believe is slipping into a recession despite the rescue.

Over the next four months, Mexican finance officials say they plan to use roughly half the $20 billion loan package signed in Washington to retire most of the outstanding short-term government bonds that nearly forced Mexico into default.

The bonds, called tesobonos, are …