Mexico: 2013 Review Under the Flexible Credit Line Arrangement
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Summary:
This paper discusses Mexico’ Review Under the Flexible Credit Line (FCL) Arrangement. Significant progress has been made in advancing far-reaching structural reforms, signaling Mexico’s commitment to address deep-rooted impediments to growth. The economy slowed down in early 2013, but is expected to recover starting in the second half of the year. Mexico’s financial markets have functioned reasonably well through the recent global volatility, although with some currency depreciation and a rise in long-term government bond yields. The IMF Staff recommends completion of the review under the FCL arrangement for Mexico, subject to the Board’s assessment in the context of the 2013 Article IV consultation.
Series:
Country Report No. 2013/335
Subject:
Economic sectors Expenditure External debt Fiscal policy Public debt Public sector
English
Publication Date:
November 26, 2013
ISBN/ISSN:
9781475523997/1934-7685
Stock No:
1MEXEA2013004
Pages:
22
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