Mexico: Fiscal Transparency Evaluation

International Monetary Fund

No 2018/289, IMF Staff Country Reports from International Monetary Fund

Abstract: This Fiscal Transparency Evaluation (FTE) report assesses Mexico’s fiscal transparency practices against the IMF’s Fiscal Transparency Code (FTC), including the draft pillar on resource revenue management. Mexico scores relatively well when compared with other Latin American countries and emerging market economies that have undergone a FTE. Out of the 48 principles across four pillars in the FTC, Mexico meets 16 principles at the basic level, 9 principles at the good level and 15 principles at the advanced level, while one principle does not apply. Fiscal transparency practices are strongest in the areas of resource revenue management and fiscal forecasting and budgeting, while the scores on fiscal risks analysis and management are lower.

Keywords: ISCR; CR; annual budget; fiscal year; investment strategy; central bank; accounts payable; federal budget; line item; strike price; nominal GDP; fiscal policy; private sector; federal government; accounting data; exchange rate; Budget planning and preparation; Financial statements; Fiscal risks; Oil; Global (search for similar items in EconPapers)
Pages: 138
Date: 2018-10-03
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