Colombia: Staff Report for the 2006 Article IV Consultation and the Third and Final Review Under Stand-By Arrangement
November 16, 2006
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Since 1999, economic policies have sought to place the country on a path of sustainable growth, which would help reduce unemployment and poverty. The authorities have begun to address the risk of overheating, although demand policies may need to be tightened further. Monetary policy will be aimed at lowering inflation further to 2-4 percent over the medium term. The authorities’ medium-term fiscal plan will strengthen the economy and build resilience. IMF staff recommends completion of the third and final review.
Subject: Economic sectors, External debt, Fiscal policy, Public debt, Public sector, Revenue administration
Keywords: Colombia's economy, CR, deficit, demand policy, discussion of Colombia, economy, Global, government, inflation expectation, ISCR, Public sector, supervisory authority
Pages:
63
Volume:
2006
DOI:
Issue:
408
Series:
Country Report No. 2006/408
Stock No:
1COLEA2006004
ISBN:
9781451808926
ISSN:
1934-7685
