MEXICO CITY — The Mexican government has officially requested that the International Monetary Fund (IMF) reduce its access to the Flexible Credit Line (LCF), a move the authorities describe as a reflection of the nation’s stabilizing economic landscape and resilient fiscal framework.

The request, initiated by Mexican authorities, seeks to cap the credit access at 150% of the quota. Officials cited several factors for the move, including the moderation of external risks, the continued resilience of the country’s export sector, robust international reserves, and the overall solidity of Mexico’s economic policy framework. The Mexican government confirmed its intention to maintain the “precautionary character” of the agreement.

In its latest assessment, the IMF highlighted that Mexico’s economic activity has shown significant strength throughout 2026, despite a backdrop of high uncertainty. The organization noted that the economy has been bolstered by less restrictive internal policies and a dynamic export market.

Consequently, the IMF projects that real GDP growth will accelerate from 0.5% in 2025 to 1.5% in 2026, with further gains expected to reach 1.8% in 2027 as uncertainty subsides and investment levels recover. While general inflation has trended downward and is nearing the Bank of Mexico’s (Banxico) target, the IMF cautioned that underlying price pressures and inflation expectations remain above the 3% goal, delaying full convergence.

On the fiscal front, the IMF noted that Mexico’s fiscal deficit saw a substantial reduction in 2025 and is projected to shrink further in 2026. However, the report cautioned that while the government aims for gradual consolidation, public debt is expected to follow a moderately upward trajectory before potentially stabilizing toward 2031.

The report also acknowledged the Bank of Mexico’s proactive stance, noting that after easing monetary policy at the beginning of the year, the central bank has successfully maintained policy rates at a “moderately restrictive” level to manage the evolving economic climate.