Colombia : First Review Under the Stand-By Arrangement, Requests for Modification of Performance Criteria, and Waiver of Nonobservance of Performance Criteria and of Applicability of end-September Performance Criteria

Author/Editor:

International Monetary Fund

Publication Date:

November 2, 2005

Electronic Access:

Free Full Text (PDF file size is 639 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the First Review Under the Stand-By Arrangement for Colombia. The economy is expected to continue to perform well in 2005. Real GDP is expected to grow by 4 percent, with consumer prices rising by 5 percent, as targeted. The external current account deficit is estimated at 1 percent of GDP, compared with 2.8 percent of GDP projected originally. Economic performance under the arrangement has been favorable. IMF staff supports the authorities’ request for completion of the first review, for modification of the fiscal targets, and for waivers.

Series:

Country Report No. 05/392

Subject:

English

Publication Date:

November 2, 2005

ISBN/ISSN:

9781451808889/1934-7685

Stock No:

1COLEA2005004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

57

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