IMF approves Mexico’s flexible credit line cut to about $18 billion

IMF approved Mexico’s request to reduce its flexible credit line.
$18 billion replaces the previous $24 billion arrangement, equal to 150% of quota.
Mexico’s 2026 growth forecast is 1.5%, compared with 0.5% in 2025.

The International Monetary Fund (IMF) approved Mexico’s request to reduce its flexible credit line to approximately $18 billion from $24 billion after a mid-term review. The reduction brings the arrangement to 150% of Mexico’s quota, down from 200%, according to Mexico’s Finance Ministry and the Mexican Exchange Commission, which comprises the ministry and the central bank. The IMF’s executive board also completed its mid-term review and an Article IV consultation (annual economic assessment) with Mexico. The fund said economic activity strengthened in 2026 despite elevated uncertainty and projected real GDP growth of 1.5% in 2026, up from 0.5% in 2025, citing less restrictive domestic policies and stronger exports. It also said underlying price pressures persist and that above-target inflation expectations are delaying convergence with the 3% target.