Colombia : Arrangement Under the Flexible Credit Line: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Colombia

Author/Editor:

International Monetary Fund

Publication Date:

May 19, 2009

Electronic Access:

Free Full Text (PDF file size is 724 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses an arrangement under the Flexible Credit Line (FCL) for Colombia. Colombia is well placed to confront challenges posed by the ongoing global downturn. Access under an FCL arrangement of SDR 6.966 billion, which the authorities intend to treat as precautionary, would support Colombia’s policy framework and strategy, while reducing the likelihood of balance of payments pressures stemming from a change in investor sentiment. IMF staff believes that Colombia fully meets the FCL qualification criteria, and recommends approval of the arrangement.

Series:

Country Report No. 09/153

Subject:

Frequency:

Quarterly

English

Publication Date:

May 19, 2009

ISBN/ISSN:

9781451808971/1934-7685

Stock No:

1COLEA2009003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

44

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