Colombia: Staff Report for the 2002 Article IV Consultation and Request for Stand-By Arrangement
IMF Staff Country Reports, January 24, 2003
Source details
- Canonical URL
- Colombia: Staff Report for the 2002 Article IV Consultation and Request for Stand-By Arrangement
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Bibliographic details
- Authors: Arrangement This
- Published: January 24, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451808773.002
Economic situation and main findings
- The paper examines Colombia’s 2002 Article IV Consultation and Request for Stand-By Arrangement.
- The economic situation worsened in the first half of 2002.
- Economic activity has remained sluggish.
- Fiscal consolidation has gone off-track.
- Exacerbated by increased contagion from other countries in the region, concerns about fiscal solvency led to:
- increased pressure on the peso from mid-year, and
- a loss of external market access.
- Executive Directors commended the new government’s swift and comprehensive action to face a difficult domestic and external situation.
Policy themes and subject areas covered
- Economic sectors
- Expenditure
- External debt
- Income and capital gains taxes
- Pension reform
- Pension spending
- Public debt
- Public sector
- Taxes
Context, actors, and keywords
- Colombian authorities; congress
- Government of president Alvaro Uribe; government's program
- IMF Stand-by arrangement; ISCR; pension regime; reform
- South America; Global; CR
Publication and document metadata
- Title: Colombia: Staff Report for the 2002 Article IV Consultation and Request for Stand-By Arrangement
- Publication date: January 24, 2003
- Pages: 117
- Volume: 2003
- Issue: 019
- Series: Country Report No. 2003/019
- DOI: https://doi.org/10.5089/9781451808773.002
- Stock No: 1COLEA0012003
- ISBN: 9781451808773
- ISSN: 1934-7685
Source: Colombia: Staff Report for the 2002 Article IV Consultation and Request for Stand-By Arrangement (IMF Staff Country Reports), January 24, 2003.