Mexico: 2013 Review Under the Flexible Credit Line Arrangement

November 26, 2013

Preview Citation

Format: Chicago

Mexico: 2013 Review Under the Flexible Credit Line Arrangement, (USA: International Monetary Fund, 2013) accessed September 20, 2024

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.

Subject: Economic sectors, Expenditure, External debt, Fiscal policy, Public debt, Public sector

Keywords: CR, FCL arrangement, FCL resource, FCL support, Financial markets reform, Global, IMF's Executive Board, ISCR, Public sector

Publication Details

Pages:

22
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/335
Stock No:

1MEXEA2013004
ISBN:

9781475523997
ISSN:

1934-7685

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