01826cas a2200241 a 4500 AALejournalIMF016816 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475556865 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Mexico : Arrangement Under the Flexible Credit Line and Cancellation of Current Arrangement-Press release and Staff Report. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (57 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses recent economic developments, outlook, and risks in the economy of Mexico. The economy continues to grow at a moderate pace. Growth reached 2 1\2 percent in 2015 and is projected to remain at a similar level in 2016. Global financial volatility has increased sharply over the last year, with significant spillovers to Mexico's financial markets. The flexible credit line (FCL) has served the Mexican economy well. The previous FCL arrangements provided valuable insurance in the immediate aftermath of the 2008-09 global financial crisis and during the euro area crisis and the recent turbulent period in the run-up to the start of U.S. monetary policy normalization. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/137 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/137/002.2016.issue-137-en.xml IMF e-Library