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

Publication Date: December 07, 2012
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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(s): Flexible Credit Line | Extended arrangement cancellations | Fiscal policy | Monetary policy | Flexible exchange rates | Economic indicators | Staff Reports | Press releases | Mexico

Publication Date: December 07, 2012
ISBN/ISSN: 9781475575095/1934-7685 Format: Paper
Stock No: 1MEXEA2012008 Pages: 54
US$18.00 (Academic Rate:
US$18.00 )
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