Mexico: 2013 Review Under the Flexible Credit Line Arrangement

Publication Date: November 26, 2013
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Summary: This paper discusses Mexico’ Review Under the Flexible Credit Line (FCL) Arrangement. Significant progress has been made in advancing far-reaching structural reforms, signaling Mexico’s commitment to address deep-rooted impediments to growth. The economy slowed down in early 2013, but is expected to recover starting in the second half of the year. Mexico’s financial markets have functioned reasonably well through the recent global volatility, although with some currency depreciation and a rise in long-term government bond yields. The IMF Staff recommends completion of the review under the FCL arrangement for Mexico, subject to the Board’s assessment in the context of the 2013 Article IV consultation.
Series: Country Report No. 13/335
Subject(s): Flexible Credit Line | Fiscal policy | External debt | Public debt | Debt sustainability analysis | Balance of payments | Monetary policy | Flexible exchange rate policy | Economic indicators | Staff Reports | Press releases | Mexico

Publication Date: November 26, 2013
ISBN/ISSN: 9781475523997/1934-7685 Format: Paper
Stock No: 1MEXEA2013004 Pages: 22
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