Mexico Overview

  • The Mexican economy expanded at a modest pace of 2% annually during the first half of 2018, below its potential growth, as uncertainties around North American Free Trade Agreement (NAFTA) renegotiations and the past Presidential elections weighed on investment. 

    With the elections behind, and the trilateral US-Mexico-Canada Agreement (USMCA) on trade, past uncertainty factors should fade, helping to support a further, albeit moderate, rebound in investment.

    The incoming administration’s economic team signaling its commitment to prudent fiscal and monetary policies.

    Last Updated: Apr 07, 2019

  • The World Bank is in the process to start the new Country Partnership Strategy (CPF) with Mexico FY 2020-2025.

    The plan will be based on the intersection of Mexico’s National Development Plan being prepared by the new government and the Systematic Country Diagnostic. The new CPF will reflect the views and strategy of the new authorities on the way to foster growth and poverty reduction.

    Last Updated: Apr 07, 2019

  • A few examples of the work of the World Bank in Mexico are:

    Supporting women, rural finance inclusion, jobs, and poverty reduction in Mexico’s poorest states. The Expanding Rural Finance Project promotes the strengthening of financial institutions in Mexico known as financial intermediaries to facilitate loans in remote or difficult to access areas where traditional banking has weak or no presence. Through them, credits are given to producers and entrepreneurs who live in rural areas of under 50,000 inhabitants to support activities that promote inclusion, job creation, and poverty reduction mainly in the agriculture, livestock, forestry, and fishery sectors. More than 150,000 loans have been delivered, 70% in rural areas in the poorer states of the South, 85% to women, and 10% in communities classified as marginalized or highly marginalized. A feature story and video in Spanish is available on the following link: Pequeños préstamos para llegar a grandes mercados.

    In Mexico, forests deliver jobs, climate commitments, and women economic empowerment. Through the Forests and Climate Change Project, 265,632 beneficiaries were provided with capacity building and investment support to manage forest assets sustainably, with a strong focus on women. The Project supported targeted mechanisms to directly benefit women, including the establishment of specific funding windows to mainstream women’s access to the government’s forestry programs. The ongoing Strengthening Entrepreneurship in Productive Forest Landscapes Project builds on the Forest and Climate Change Project’s successes and aims to remove barriers to women’s ownership and control of assets in the forest sector in Mexico. Two feature stories and videos in Spanish on women forestry projects in Mexico are available on the following links: In Mexico, forests deliver for jobs and climate commitments  and Rural poverty and natural wealth – Pathways towards sustainable rural development.

    Linking the poor to productive and social programs in Mexico. In response to the Government’s intention to better link its social protection system to productive programs, the Bank participated in the re-design of Mexico’s conditional cash transfer program, PROSPERA. Through the Social Protection System Project, the Bank contributed to better link the poor to a broader set of programs that can support their income generation capacity and to target the supply of social programs to areas and beneficiaries with the greatest needs. Through income generating programs in rural areas and labor related programs in urban areas (e.g., Program to Support Microentrepreneurs and Rural Women), the Project connected beneficiaries to productive opportunities to enhance their social mobility and ability to generate income, contributing to the long-term goal of breaking the intergenerational cycle of poverty. A feature story in Spanish is available on the following link: En qué gastan mujeres y hombres sus ingresos económicos.

    Subnational development. The World Bank is working closely with the Government of Oaxaca, one of the poorest States in Mexico, supporting the water sector through the first Program for Results approved for the country, which also happened to be the first sub-national loan to Oaxaca.

    Last Updated: Apr 04, 2019

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LENDING

Mexico: Commitments by Fiscal Year (in millions of dollars)*

*Amounts include IBRD and IDA commitments


PHOTO GALLERY

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Additional Resources

Country Office Contacts

MEXICO +5255 5480-4200 (Visits by appointment)
Insurgentes Sur No. 1605, Piso 24 Col. San José Insurgentes, México 03900, D. F.
bmmexico@worldbank.org
USA +1 202 473-1000
1818 H Street NW, Washington, DC 20433
bmmexico@worldbank.org