Colombia: Review Under the Flexible Credit Line Arrangement - Staff Report; Press Release; and Statement by the Executive Director for Colombia

Publication Date: June 25, 2014
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Summary: This paper discusses Colombia’s Review Under the Flexible Credit Line (FCL) Arrangement. Growth is projected to remain robust in 2014 and beyond, although risks are tilted to the downside. Real GDP is projected to grow at around potential in 2014 and over the medium term, with inflation remaining within the target range of 2–4 percent. However, Colombia remains vulnerable to external risks, including a sharp decline in oil prices and a surge in global financial market volatility. The IMF staff assesses that Colombia continues to meet the qualification criteria for access to FCL resources, and recommends completion of the review under the FCL arrangement for Colombia.
Series: Country Report No. 14/172
Subject(s): Flexible Credit Line | Fiscal policy | Debt sustainability | Monetary policy | Economic indicators | Staff Reports | Press releases | Colombia

Publication Date: June 25, 2014
ISBN/ISSN: 9781498334914/1934-7685 Format: Paper
Stock No: 1COLEA2014003 Pages: 38
US$18.00 (Academic Rate:
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