Colombia : 2007 Article IV Consultation-Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

January 28, 2008

Electronic Access:

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Summary:

Colombia’s economic performance has been strong, aided by sound economic policies. Structural reforms and prudent macroeconomic policy management has contributed to higher economic growth and lower inflation. Executive Directors commended the economic strategy, which has increased economic growth and international reserves and reduced unemployment and public debt ratio. Directors emphasized the need for tightening the monetary policy stance and a strong fiscal policy to achieve a “soft landing” from economic boom.. They commended the countercyclical provisioning in the banking system, and emphasized the importance of a comprehensive tax reform.

Series:

Country Report No. 08/31

Subject:

English

Publication Date:

January 28, 2008

ISBN/ISSN:

9781451808933/1934-7685

Stock No:

1COLEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

56

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