Colombia : Staff Report for the 2002 Article IV Consultation and Request for Stand-By Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

January 24, 2003

Electronic Access:

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Summary:

This paper examines Colombia’s 2002 Article IV Consultation and Request for Stand-By Arrangement. The economic situation worsened in the first half of 2002. Economic activity has remained sluggish, and the fiscal consolidation has gone off-track. Exacerbated by increased contagion from other countries in the region, concerns about fiscal solvency led to increased pressure on the peso from mid-year and a loss of external market access. Executive Directors have commended the new government’s swift and comprehensive action to face a difficult domestic and external situation.

Series:

Country Report No. 03/19

Subject:

English

Publication Date:

January 24, 2003

ISBN/ISSN:

9781451808773/1934-7685

Stock No:

1COLEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

117

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