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

Author/Editor:

International Monetary Fund

Publication Date:

July 5, 2011

Electronic Access:

Free Full Text (PDF file size is 1200 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Colombia’s strong institutional frameworks and sound policy management have underpinned a strong macroeconomic performance and contributed to reducing vulnerabilities. The Colombian economy exhibited great resilience during the global crisis, and the output recovery is well entrenched. The impact on fund finances, risks, and safeguards are discussed. The Colombian authorities viewed that the uncertainties surrounding the external environment remain elevated and that a successor flexible credit line (FCL) arrangement with a duration of two years would provide useful protection against continuing external risks.

Series:

Country Report No. 11/162

Subject:

English

Publication Date:

July 5, 2011

ISBN/ISSN:

9781455291687/1934-7685

Stock No:

1COLEA2011001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

46

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