Mexico: Fiscal Transparency Evaluation

October 3, 2018

Preview Citation

Format: Chicago

Mexico: Fiscal Transparency Evaluation, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Summary

This Fiscal Transparency Evaluation (FTE) report assesses Mexico’s fiscal transparency practices against the IMF’s Fiscal Transparency Code (FTC), including the draft pillar on resource revenue management. Mexico scores relatively well when compared with other Latin American countries and emerging market economies that have undergone a FTE. Out of the 48 principles across four pillars in the FTC, Mexico meets 16 principles at the basic level, 9 principles at the good level and 15 principles at the advanced level, while one principle does not apply. Fiscal transparency practices are strongest in the areas of resource revenue management and fiscal forecasting and budgeting, while the scores on fiscal risks analysis and management are lower.

Subject: Budget planning and preparation, Commodities, Expenditure, Financial statements, Fiscal risks, Oil, Public financial management (PFM)

Keywords: Accounting data, Accounts payable, Annual budget, Budget planning and preparation, Central bank, CR, Exchange rate, Federal budget, Federal government, Financial statements, Fiscal policy, Fiscal risks, Fiscal year, Global, Investment strategy, ISCR, Line item, Nominal GDP, Oil, Private sector, Strike price

Publication Details

Pages:

138
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/289
Stock No:

1MEXEA2018001
ISBN:

9781484379820
ISSN:

1934-7685

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