Mexico
In: IMF Staff Country Reports
Concluding Remarks This note analyzed the recent fiscal reforms, which can make the fiscal frameworkmore instrumental in addressing challenges that Mexico will likely face in coming years.Mexico would benefit from building of fiscal policy buffers to reduce the exposure to high financingand hedging costs during periods of global uncertainty, improving flexibility to implementcountercyclical fiscal policies, and addressing long term fiscal challenges associated with a reductionin oil revenue and an increase in health and pension spending. Introducing an additional target onthe public sector bo