IMF Staff Country Reports

Mexico: Arrangement Under the Flexible Credit Line and Cancellation of Current Arrangement-Press Release; Staff Supplement; and Staff Report

November 19, 2021

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Format: Chicago

International Monetary Fund. Western Hemisphere Dept. "Mexico: Arrangement Under the Flexible Credit Line and Cancellation of Current Arrangement-Press Release; Staff Supplement; and Staff Report", IMF Staff Country Reports 2021, 248 (2021), accessed 12/26/2025, https://doi.org/10.5089/9781616354701.002

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Summary

The government has successfully maintained external, financial, and fiscal stability despite the deepest recession in decades. However, Mexico is bearing a very heavy humanitarian, social, and economic cost from COVID-19, including over half a million excess deaths, sizable under-employment, and an increase in poverty.

Subject: Credit, Debt service, Economic sectors, External debt, International organization, Monetary policy, Money, Public debt, Public sector

Keywords: Caribbean, Credit, Debt service, Europe, FCL arrangement, FCL qualification, Global, IMF's transparency policy, investment environment, liquidity position, North America, Public sector, Western Hemisphere