Colombia : Staff Report for the 2005 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

May 9, 2005

Electronic Access:

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Summary:

This paper discusses Colombia’s 2005 Article IV Consultation, Fourth Review Under the Stand-By Arrangement (SBA), and Requests for Waiver of Nonobservance of Performance Criteria. Real economic growth in Colombia recovered to 4 percent a year in 2003–04. The national unemployment rate declined from 20 percent at end-2000 to 12 percent at end-2004. The health of the financial system continued to improve. The solvency and profitability of the banking system have recovered, reflecting economic growth, a successful recapitalization scheme, and improved supervision.

Series:

Country Report No. 05/154

Subject:

English

Publication Date:

May 9, 2005

ISBN/ISSN:

9781451808865/1934-7685

Stock No:

1COLEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

123

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