Mexico : Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement; Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion.

This paper discusses the Arrangement for Mexico Under the Flexible Credit Line (FCL) and Cancellation of the Current Arrangement. The recent upward trend in output in Mexico is expected to continue, leading to projected growth of 4 percent for 2010. Financial inflows are projected to gradually resum...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/081
Online Access:Full text available on IMF
Description
Summary:This paper discusses the Arrangement for Mexico Under the Flexible Credit Line (FCL) and Cancellation of the Current Arrangement. The recent upward trend in output in Mexico is expected to continue, leading to projected growth of 4 percent for 2010. Financial inflows are projected to gradually resume, reflecting a normalization of global liquidity conditions. IMF staff assesses that Mexico meets the qualification criteria for access to FCL resources and recommends approval of an FCL arrangement for Mexico of SDR 31.528 billion for a period of 12 months.
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Physical Description:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students