Colombia: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Colombia

May 3, 2010

Preview Citation

Format: Chicago

Colombia: 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Authorities of Colombia, (USA: International Monetary Fund, 2010) accessed December 22, 2024

Summary

The key findings of Colombia’s 2010 Article IV Consultation on economic developments and policies are presented. The Colombian economy had begun to slow down in early 2008, as policies had been tightened to address overheating, but the global crisis caused private investment to collapse in the last quarter of 2008. The largely domestically owned and locally financed financial system did not experience major strains from the global crisis. Colombian banks did not have complex off-balance sheet financial instruments, and had limited cross-border linkages.

Subject: Economic sectors, Energy subsidies, Expenditure, External debt, Fiscal policy, Fiscal stance, Public debt, Public sector

Keywords: Colombia, Countercyclical monetary policy, CR, Deficit, Energy subsidies, Fiscal policy measure, Fiscal stance, Food inflation, GDP, Global, Inflation expectation, ISCR, Lending program, Monetary policy, Public sector

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/105
Stock No:

1COLEA2010001
ISBN:

9781455202645
ISSN:

1934-7685

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