Mexico : Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement—Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

December 7, 2012

Electronic Access:

Free Full text (PDF file size is 1593 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The report discusses the important role of the Flexible Credit Line (FCL) in helping Mexico to survive in the fragile global economic environment. The FCL’s contribution in maintaining an orderly financial market in Mexico is noteworthy. IMF staff reaffirms their commitment toward Mexico in taking the necessary actions to manage unforeseen risks. According to the IMF staff report, Mexico meets the qualification criteria for access to FCL resources, and staff recommends approval of a fund of SDR 47.292 billion for a period of 24 months.

Series:

Country Report No. 12/327

Subject:

English

Publication Date:

December 7, 2012

ISBN/ISSN:

9781475575095/1934-7685

Stock No:

1MEXEA2012008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

54

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