IMF Staff Country Reports

Colombia: Selected Issues

Publication Date:

November 10, 2006

Electronic Access:

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Summary:

In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the fiscal risk. If a public enterprise is considered commercially run, it could be removed from the country’s fiscal indicators and targets. This paper presents the IMF staff’s evaluation of these two enterprises. It also discusses the commercial orientation and fiscal risk of Isagen and Ecopetrol, respectively.

Series:

Country Report No. 2006/401

Subject:

Currencies Exchange rate risk Financial regulation and supervision Foreign exchange Hedging Inflation Money Prices Real exchange rates