Mexico: 2018 Article IV Consultation-Press Release; Staff Report; and Staff Statement

November 8, 2018

Preview Citation

Format: Chicago

Mexico: 2018 Article IV Consultation-Press Release; Staff Report; and Staff Statement, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Summary

A new political landscape is shaping up in Mexico following the July elections. President-elect López Obrador has promised to reduce corruption and crime, and boost social spending and public investment, while maintaining fiscal prudence. The incoming administration will inherit an economy with very strong fundamentals and policy frameworks that has exhibited resilience in the face of a complex external environment. But Mexico still confronts significant challenges—namely to strengthen growth while reducing poverty and inequality—and has yet to win the fight against corruption and crime. At the same time, uncertainty associated with the global economic environment and the policies of the incoming administration persists. Prospects hinge on the steadfast implementation of structural reforms while ensuring continued macroeconomic stability.

Subject: Administration in revenue administration, Economic sectors, Fiscal policy, Public debt, Public sector, Revenue administration

Keywords: Administration in revenue administration, CR, Exchange stabilization agreement, Federal Reserve System's swap network, Global, Insurer AXA, ISCR, Mexico's rating, Public sector, Staff appraisal, Swap line

Publication Details

Pages:

88
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/307
Stock No:

1MEXEA2018002
ISBN:

9781484383667
ISSN:

1934-7685

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