Colombia: Selected Issues and Statistical Appendix
March 1, 1999
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This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.
Subject: Customs administration core functions, Economic sectors, Expenditure, Fiscal policy, Fiscal stance, Inflation, Pension spending, Potential output, Prices, Public sector, Revenue administration
Keywords: Caribbean, Colombia, CR, customs, Customs administration core functions, deposit requirement, drug income, Fiscal stance, GDP ratio, Global, homicide rate, Inflation, inflation uncertainty, ISCR, Pension spending, potential GDP, potential GDP growth, Public sector
Pages:
133
Volume:
1999
DOI:
Issue:
006
Series:
Country Report No. 1999/006
Stock No:
1COLEA0011999
ISBN:
9781451808735
ISSN:
1934-7685
