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Mexico: Review Under the Flexible Credit Line-Press Release; Staff Report

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  • International Monetary Fund

Abstract

This paper discusses Mexico’s Review under the Flexible Credit Line. Mexico’s very strong policies and policy frameworks have helped it navigate successfully a complex external environment characterized by the heightened risk of protectionism and financial market volatility. Inflation is above the central bank’s target, reflecting mainly the transitory effects of the liberalization of domestic fuel prices and the pass-through from the currency depreciation. Although the global environment and financial stability have improved somewhat recently, downside risks affecting Mexico remain elevated amid continued uncertainty about the outcome of the discussions with the United States on trade, as well as a possible renewed surge in capital flow volatility.

Suggested Citation

  • International Monetary Fund, 2017. "Mexico: Review Under the Flexible Credit Line-Press Release; Staff Report," IMF Staff Country Reports 2017/129, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2017/129
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=44934
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    Cited by:

    1. Marco Mele & Floriana Nicolai, 2019. "The Role of the International Monetary Fund After the 2008 Crisis," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(1), pages 60-71, June.

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