European Parliament Library

Mexico :, Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement

Strong economic fundamentals, robust policy framework, and a sustained track record of excellent policy implementation have facilitated the maintenance of orderly economic conditions in Mexico even amidst the substantial external volatility during the global crisis. Executive Directors welcomed the authorities’ commitment to maintain Mexico’s strong policy frameworks and take needed actions to manage unforeseen risks. The arrangement of contingent financing with the IMF through the Flexible Credit Line has helped Mexico to maintain confidence and also to insure against external risks while supporting a macroeconomic strategy
Table Of Contents
Cover; Contents; I. Context; II. Emerging From the Crisis; Figures; 1. Mexico: Evolution of the Economy, 2004-2010; 2. Mexico: Inflation and Monetary Policy; 3. Mexico: Financial Market Developments, 2008-2010; III. Outlook and Near-Term Policies; Boxes; 1. The 2011 Budget Proposal; IV. Role of the Flexible Credit Line; 4. Mexico: Reserve Coverage in International Perspective; 2. Illustrative Adverse Scenario; 5. Mexico: Qualification Criteria; 6. Mexico: External Debt Sustainability: Bound Tests; 7. Mexico: Gross Public Debt Sustainability: Bound Tests
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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