Mexico: 2021 Article IV Consultation-Press Release; and Staff Report

November 5, 2021

Preview Citation

Format: Chicago

Mexico: 2021 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2021) accessed September 18, 2024

Summary

Spurred by strong U.S. growth and rising vaccination rates, the economy is rebounding. The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades. Nonetheless, Mexico is bearing a very heavy humanitarian, social, and economic cost from COVID-19, including over half a million excess deaths, sizable under-employment, an increase in already-high levels of poverty, and learning losses for the young. Real income per capita is continuing its long-run divergence from the U.S., while additional challenges are emerging from technological shifts and climate change.

Subject: Central bank policy rate, Economic and financial statistics, External sector statistics, Financial services, Government finance statistics, Inflation, International organization, Monetary policy, Prices, Public debt

Keywords: Central bank policy rate, Climate change mitigation policy, Data ROSC update, External sector statistics, Global, Government finance statistics, Inflation, Liability positions vis-à-vis nonresident, Policy discussion, ROSC mission

Publication Details

Pages:

83
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/240
Stock No:

1MEXEA2021001
ISBN:

9781557753144
ISSN:

1934-7685

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