Colombia: Selected Issues and Statistical Appendix

March 1, 1999

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Colombia: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 1999) accessed December 21, 2024

Summary

This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.

Subject: Customs administration core functions, Economic sectors, Expenditure, Fiscal policy, Fiscal stance, Inflation, Pension spending, Potential output, Prices, Public sector, Revenue administration

Keywords: Caribbean, Colombia, CR, Customs, Customs administration core functions, Deposit requirement, Drug income, Fiscal stance, GDP ratio, Global, Homicide rate, Inflation, Inflation uncertainty, ISCR, Pension spending, Potential GDP, Potential GDP growth, Public sector

Publication Details

Pages:

133
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1999/006
Stock No:

1COLEA0011999
ISBN:

9781451808735
ISSN:

1934-7685

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