Mexico Must Maintain Credit Line with Imf: Finance and Experts · Global Voices

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The IMF's Flexible Credit Line protects Mexico from external shocks Specialists and Finances plan to renew it for $35 billion Keeping it gives confidence to markets and strengthens economic stability Renewal in evaluation In the next few days, the Change Commission — made up of the Ministry of Finance (SHCP) and the Bank of Mexico (Banxico) — will define whether Mexico will renew the Flexible Credit Line (LCF) of the International Monetary Fund …

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“It must be retained,” the line of credit with the International Monetary Fund (IMF) pointed out the co-director of Investments at Franklin Templeton, Ramsé Gutiérrez. In this regard, SHCP holder Edgar Amador Zamora, who chairs the Change Commission, said it will be in mid-November when it is known whether based on the results of [...]