Colombia : First Review Under the Stand-By Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

June 23, 2003

Electronic Access:

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Summary:

This paper examines the First Review Under the Stand-By Arrangement for Colombia. Under the authorities’ program, economic performance has been mostly favorable. Real economic growth appears to be recovering, led by a pickup in domestic demand that outweighed a decline in net exports. Inflation, however, has remained above the program target. Since late February, the currency has appreciated, responding partly to a sharp decline in the country risk premium. The program is on track and the authorities have reiterated their full commitment to achieving the main elements of the program’s macroeconomic framework.

Series:

Country Report No. 03/181

Subject:

English

Publication Date:

June 23, 2003

ISBN/ISSN:

9781451808841/1934-7685

Stock No:

1COLEA0032003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

61

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