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Wednesday, April 18, 2012

The IMF Releases Financial Sector Assessment with Positive Forecast for Mexico

The IMF has recently released its latest Financial Sector Assessment, a program that looks to review the financial health of 25 major financial sectors, as part of the IMF’s economic surveillance and monitoring. “Our assessment of Mexico’s financial system is very positive,” said Fernando Montes-Negret, a senior financial expert in the IMF’s Monetary and Capital Markets Department. This year is busy for the IMF, which plans to evaluate 18 countries’ financial health—ranging from France and Spain to Argentina and Armenia—to spot any potential trouble on the horizon. For more information on the positive outcome of Mexico’s assessment, along with spotted risks and suggested actions, click here.

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