Mexico: Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report

International Monetary Fund

No 2015/322, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses Mexico’s Review Under the Flexible Credit Line (FCL) Arrangement. Mexico has navigated successfully a complex external environment, characterized by falling commodity prices, a sharp appreciation of the U.S. dollar, and heightened volatility in international financial markets. The economy continues to grow at a moderate rate and inflation is close to the target. Looking ahead, activity should be supported by strengthening external demand and by the implementation of the structural reforms. The IMF staff’s assessment is that Mexico continues to meet the qualification criteria for access to FCL resources

Keywords: ISCR; CR; FCL resource; IMF's Executive Board; FCL arrangement; Mexico; GDP; Mexico's track record; Mexican peso; Oil prices; Public sector; Emerging and frontier financial markets; Global (search for similar items in EconPapers)
Pages: 30
Date: 2015-11-24
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