IMF Staff Country Reports

Mexico: Staff Report for the 2003 Article IV Consultation

Publication Date:

August 13, 2004

Electronic Access:

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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.

Series:

Country Report No. 2004/254

Subject:

Economic sectors External debt Inflation Oil prices Prices Public debt Public sector