Mexico: Selected Issues

Publication Date: November 26, 2013
Electronic Access: Free Full text (PDF file size is 960KB).
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Summary: This Selected Issues paper analyzes reforms to Mexico’s fiscal framework. Mexico’s resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated with long-term budget pressures. In the short term, reducing public debt levels can create space to implement countercyclical fiscal policies and reduce exposure to high financing and hedging costs, which would protect Mexico’s credit rating at times of distress. The paper highlights that recent fiscal reform is designed with these policy objectives in mind, to build on the strengths of the previous fiscal framework.
Series: Country Report No. 13/333
Subject(s): Fiscal policy | Public sector | External borrowing | Fiscal reforms | Banking sector | Credit risk | Selected issues | Mexico

Publication Date: November 26, 2013
ISBN/ISSN: 9781475522389/1934-7685 Format: Paper
Stock No: 1MEXEA2013002 Pages: 49
US$18.00 (Academic Rate:
US$18.00 )
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