Mexico : Review Under the Flexible Credit Line Arrangement: Staff Report and Press Release on the Executive Board Discussion

1MEXEA2009006 Image
Price:  $18.00

Release Date: © July, 2009
ISBN : 978-1-45182-587-9
Stock #: 1MEXEA2009006
English
Stock Status: On back-order

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Description

Mexico’s strong policy framework has helped cushion the impact of the global crisis. The staff report highlights Mexico’s review under the Flexible Credit Line Arrangement. The flexible exchange rate has adjusted, the inflation targeting framework has provided an anchor for expectations, and the fiscal rule and strengthened public sector balance sheets have averted disruptive moves in fiscal risk premia. Substantial liquidity has been provided to the foreign exchange market. Support has been put in place for a variety of domestic financial market segments.

Taxonomy

Economic policy , Fiscal policy , Monetary policy




More publications in this series: IMF Staff Country Reports