01887cas a2200241 a 4500 AALejournalIMF018086 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484330821 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, 2017. 1 online resource (55 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 Mexico's Arrangement Under the Flexible Credit Line (FCL) and Cancellation of Current Arrangement. Mexico continues to face significant uncertainty regarding the pace and outcome of the negotiations on the North American Free Trade Agreement. The authorities are requesting a two-year precautionary FCL arrangement and the cancellation of the current arrangement, approved on May 27, 2016. They consider that, in an environment where external risks affecting Mexico remain elevated, an FCL arrangement in the requested amount will play a critical role in supporting their overall macroeconomic strategy, preserving investor confidence, and providing insurance against tail risks. The IMF staff supports the authorities' request. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/355 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/355/002.2017.issue-355-en.xml IMF e-Library