Mexico: Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report
IMF Staff Country Reports, November 27, 2018
Source details
- Canonical URL
- Mexico: Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report
Other formats
Bibliographic details
- Published: November 27, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484386644.002
Summary
- Mexico’s economy has exhibited resilience in the face of a complex external environment.
- The current administration has responded appropriately to the recent external shocks and demonstrated its commitment to macroeconomic stability.
- The incoming administration is committed to maintaining very strong policies and policy frameworks going forward.
- Nevertheless, Mexico’s strong trade and financial links to the global economy, and in particular the United States, make it susceptible to changes in investor sentiment.
Key findings and assessments
- Resilience: Mexico’s economy showed resilience despite a complex external environment.
- Policy response: The current administration responded appropriately to recent external shocks and demonstrated commitment to macroeconomic stability.
- Incoming administration: The incoming administration is committed to maintaining very strong policies and policy frameworks.
- External vulnerabilities: Strong trade and financial links, especially with the United States, increase susceptibility to changes in investor sentiment.
Subject areas and keywords
- Subject: Credit, Currencies, Economic sectors, External debt, Money, Public debt, Public sector
- Keywords: airport project, CR, Credit, Currencies, FCL access, fcl arrangement, Global, ISCR, peso depreciation, Public sector, staff appraisal
Content in this bundle
- Country Report