Colombia: Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria

Author: International Monetary Fund

Volume/Issue: Volume 2004 Issue 015

Publication date: January 2004

ISBN: 9781451808780

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Public Finance , ISCR , CR , expenditure measure , government , deficit , economic reform program , government of Colombia , decentralization regime , public sector deficit , expenditure freeze , Public sector , International reserves

Also of interest

Nepal

Grenada

Peru

Republic of Congo : 2001 Article IV

Summary

The program made good progress toward creating the conditions for faster sustained growth over the medium term. The economic policies aim to preserve the program's macroeconomic framework. Fiscal policy is expected to stay on a sustainable path. The central bank has been successful in achieving its inflation target. The proposed target for net international reserves will maintain an adequate reserve cushion. The prospects for sustained growth over the medium term remain favorable, provided the government maintains a strong fiscal policy and advance structural reforms.