Colombia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Colombia

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

May 31, 2017

Electronic Access:

Free Full Text (PDF file size is 5490 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2017 Article IV Consultation highlights Colombia’s favorable outlook, underpinned by the peace agreement, structural tax reform, and the authorities’ infrastructure agenda. Economic activity will rebound slightly in 2017 as investment strengthens, boosted by reduced corporate taxation and confidence stemming from the peace agreement. Nontraditional exports are gaining steam thanks in part to ongoing efforts to reduce trade barriers, and this will help bring the current account deficit to its equilibrium level. Medium-term growth will be driven by economic diversification away from oil, which will benefit from the infrastructure agenda, and the peace agreement, which will improve competitiveness and regional development.

Series:

Country Report No. 17/138

Subject:

English

Publication Date:

May 31, 2017

ISBN/ISSN:

9781484302163/1934-7685

Stock No:

1COLEA2017001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

Please address any questions about this title to publications@imf.org