Colombia: Arrangement Under the Flexible Credit Line and Cancellation of the Current Arrangement
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This paper discusses Colombia’s Arrangement Under the Flexible Credit Line (FCL) and Cancellation of the Current Arrangement. In the baseline scenario, growth in Colombia is expected to decelerate to 3.4 percent in 2015 but gradually return toward potential over the medium term and inflation to remain at the midpoint of the central bank’s 2–4 percent target range. The authorities are requesting a successor two-year FCL arrangement for 500 percent of quota, and cancellation of the current arrangement which expires on June 23, 2015. The IMF staff assesses that Colombia meets the qualification criteria for access to IMF resources under the FCL arrangement, and recommends its approval by the Executive Board.
Series:
Country Report No. 2015/206
Subject:
Economic sectors External debt Fiscal policy Fiscal stance Oil prices Prices Public debt Public sector
English
Publication Date:
August 3, 2015
ISBN/ISSN:
9781513537054/1934-7685
Stock No:
1COLEA2015003
Pages:
52
Please address any questions about this title to publications@imf.org