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Mexico: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper analyzes reforms to Mexico’s fiscal framework. Mexico’s resilient economic performance would be consolidated by increasing fiscal policy buffers and preparing for challenges associated with long-term budget pressures. In the short term, reducing public debt levels can create space to implement countercyclical fiscal policies and reduce exposure to high financing and hedging costs, which would protect Mexico’s credit rating at times of distress. The paper highlights that recent fiscal reform is designed with these policy objectives in mind, to build on the strengths of the previous fiscal framework.

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  • International Monetary Fund, 2013. "Mexico: Selected Issues," IMF Staff Country Reports 2013/333, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2013/333
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    References listed on IDEAS

    as
    1. Nir Klein, 2013. "Non-Performing Loans in CESEE: Determinants and Impact on Macroeconomic Performance," IMF Working Papers 2013/072, International Monetary Fund.
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