Mexico: Fiscal Transparency Evaluation

IMF Staff Country Reports, October 3, 2018

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Mexico: Fiscal Transparency Evaluation

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Bibliographic details

• Published: October 3, 2018
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781484379820.002

Overview and purpose

• This Fiscal Transparency Evaluation (FTE) report assesses Mexico’s fiscal transparency practices against the IMF’s Fiscal Transparency Code (FTC), including the draft pillar on resource revenue management.
• The report compares Mexico with other Latin American countries and emerging market economies that have undergone a FTE.

Aggregate scoring and coverage

• Total principles assessed: 48 principles across four pillars in the FTC.
• Scoring by level:
  • Meets 16 principles at the basic level
  • Meets 9 principles at the good level
  • Meets 15 principles at the advanced level
  • 1 principle does not apply

Strengths and weaknesses

• Areas of relative strength:
  • Resource revenue management
  • Fiscal forecasting and budgeting
• Areas with lower scores:
  • Fiscal risks analysis and management

Subjects and keywords (as listed)

• Subjects: Budget planning and preparation, Commodities, Expenditure, Financial statements, Fiscal risks, Oil, Public financial management (PFM)
• Keywords: accounting data, accounts payable, annual budget, Budget planning and preparation, central bank, CR, exchange rate, federal budget, federal government, Financial statements, fiscal policy, Fiscal risks, fiscal year, Global, investment strategy, ISCR, line item, nominal GDP, Oil, private sector, strike price

Source: Mexico: Fiscal Transparency Evaluation, IMF Staff Country Reports, October 3, 2018.

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• Country Report
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  • Country Report (PDF)