Mexico: Staff Report for the 2003 Article IV Consultation

August 13, 2004

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Format: Chicago

Mexico: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

This 2003 Article IV Consultation highlights that Mexico’s real GDP remained subdued in the first half of 2003, with growth of 1.4 percent in the four quarters ending in the second quarter. While recent indicators of activity have been mixed, most observers still expect the economy to recover in the second half of the year, in line with the United States recovery. The government has made significant progress in strengthening the structure of public debt. Public external debt has fallen further from 15 percent of total debt in 2000 to 13½ percent in 2002.

Subject: Economic sectors, External debt, Inflation, Oil prices, Prices, Public debt, Public sector

Keywords: Augmented deficit, Consumer confidence index, Core inflation, CR, Deficit, Draft bill, Global, Headline inflation, Inflation, ISCR, Oil prices, Public sector, Smaller-than-expected deficit

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/254
Stock No:

1MEXEA0022004
ISBN:

9781451825596
ISSN:

1934-7685

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