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
IMF Staff Country Reports, December 9, 2005
Source details
- Canonical URL
- 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
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Bibliographic details
- Published: December 9, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825640.002
Macroeconomic recovery and growth
- 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 was driven by a rebound of private consumption and private investment.
- Growth in 2004 reached 4.4 percent.
Fiscal accounts and public finances
- The fiscal accounts improved in 2004 on the strength of rising oil revenues and restraint of current expenditures.
- The authorities achieved their target for the traditional deficit of 0.3 percent of GDP.
Subject focus and keywords
- 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