IMF Staff Country Reports

Mexico: Review Under the Flexible Credit Line Arrangement-Press Release and Staff Report

November 20, 2020

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Mexico: Review Under the Flexible Credit Line Arrangement-Press Release and Staff Report", IMF Staff Country Reports 2020, 306 (2020), accessed 12/5/2025, https://doi.org/10.5089/9781513561714.002

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Summary

The Covid-19 shock this year has imposed an enormous strain on Mexico. Beside the staggering human cost, the economy faces a historic drop in output and employment and a sharp spike in poverty. It is expected to take many years for employment, income, and poverty to return to pre-pandemic levels.

Subject: COVID-19, Credit, Economic sectors, External debt, Health, Inflation, Prices, Public debt, Public sector

Keywords: COVID-19, CR, FCL resource, Global, IMF's executive board, Inflation, ISCR, Mexico's qualification, North America, policy implementation, Public sector, swap line