Mexico: 2005 Article IV Consultation Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mexico
December 9, 2005
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This 2005 Article IV Consultation highlights that the economic recovery in Mexico that began in mid-2003 has continued in 2005, though at a slower pace. A broad-based expansion of economic activity in 2004, driven by a rebound of private consumption and private investment, took growth up to 4.4 percent. The fiscal accounts improved in 2004 on the strength of rising oil revenues and restraint of current expenditures, and the authorities achieved their target for the traditional deficit of 0.3 percent of GDP.
Subject: Commodities, National accounts, Prices, Public debt
Keywords: CR, debt, Global, headline inflation, Income, inflation, inflation report, ISCR, monetary policy announcement, Oil, Oil prices, prudent fiscal policy, sound financial system, staff projection, trade data
Pages:
62
Volume:
2005
DOI:
Issue:
427
Series:
Country Report No. 2005/427
Stock No:
1MEXEA2005001
ISBN:
9781451825640
ISSN:
1934-7685
