Colombia : Staff Report for the First Review Under the Extended Arrangement

Author/Editor:

International Monetary Fund

Publication Date:

January 11, 2001

Electronic Access:

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Summary:

Colombia's economic performance deteriorated markedly in the last half of 1998 and during 1999 under the combined influence of external shocks and a weakening of confidence. In an effort to reverse the deterioration, the authorities developed a multiyear stabilization and reform program based on fiscal consolidation, exchange rate flexibility bank restructuring, and structural reforms. Indications suggested that economic activity in Colombia has been recovering and the IMF-supported extended program remains on track. The IMF staff welcomed the authorities' reaffirmation of the strategies and policies underlying the program.

Series:

Country Report No. 01/12

Subject:

English

Publication Date:

January 11, 2001

ISBN/ISSN:

9781451808759/1934-7685

Stock No:

1COLEA0012001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

61

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