IMF renews Mexico’s flexible credit line
Two-year deal gives Mexico with $35 billion in case of disaster
The Worldwide Financial Fund renewed its versatile credit score line (FCL) settlement with Mexico on November 15. The brand new two-year association gives Mexico with a reserve credit score line of roughly $35 billion.
The IMF granted Mexico an FCL facility in 2009, and the 2023–25 settlement is the tenth since then. In that point, Mexico has had three presidents, every from a special political celebration, underlining a relative stability in a few of Mexico’s macroeconomic insurance policies.
Over time, the fund and
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