Colombia: First Review Under the Stand-By Arrangement

June 23, 2003

Preview Citation

Format: Chicago

Colombia: First Review Under the Stand-By Arrangement, (USA: International Monetary Fund, 2003) accessed November 23, 2024

Summary

This paper examines the First Review Under the Stand-By Arrangement for Colombia. Under the authorities’ program, economic performance has been mostly favorable. Real economic growth appears to be recovering, led by a pickup in domestic demand that outweighed a decline in net exports. Inflation, however, has remained above the program target. Since late February, the currency has appreciated, responding partly to a sharp decline in the country risk premium. The program is on track and the authorities have reiterated their full commitment to achieving the main elements of the program’s macroeconomic framework.

Subject: Economic sectors, Expenditure, External debt, Fiscal policy, Pension spending, Public debt, Public sector

Keywords: Colombia's Stand-By Arrangement, CR, Deficit, Economic reform, Economic reform program, Executive board review, Executive board review of Colombia, Global, Government, ISCR, Pension spending, Policy implementation, Public sector, SBA program

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/181
Stock No:

1COLEA0032003
ISBN:

9781451808841
ISSN:

1934-7685

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