Colombia: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Colombia

January 26, 2009

Preview Citation

Format: Chicago

Colombia: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Colombia, (USA: International Monetary Fund, 2009) accessed November 23, 2024

Summary

Colombia’s economy has performed well in recent years. This 2008 Article IV Consultation highlights that economic growth in 2006–07 exceeded the regional average by a substantial margin. The authorities have acted swiftly to bolster confidence and ensure that the private sector retains access to credit. Executive Directors have commended the Colombian authorities for implementing sound macroeconomic policies and wide-ranging structural reforms, which had contributed to rapid growth and reduced vulnerabilities. Directors have also encouraged the authorities to move forward with their structural reform agenda.

Subject: Economic sectors, Exchange rates, External debt, Fiscal stance, Foreign exchange, Inflation, Prices, Public debt, Public sector

Keywords: Authorities response, CR, Deficit, Emergency liquidity support, Exchange rates, Financial condition, Global, Government bond rate, Headline inflation, Inflation, ISCR, Liquidity restriction, Market, Public sector, Staff appraisal, Staff projection

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/023
Stock No:

1COLEA2009001
ISBN:

9781451808957
ISSN:

1934-7685

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