IMF Staff Country Reports

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

September 25, 2020

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Colombia: Request for Augmentation of Access Under the Flexible Credit Line Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Colombia, (USA: International Monetary Fund, 2020) accessed November 2, 2024

Summary

The current FCL arrangement for Colombia was approved in May 2020. Colombia was cited for its very strong policy frameworks—anchored by a flexible exchange rate, a credible inflation-targeting regime, effective financial sector supervision and regulation, and a structural fiscal rule—and a track record of very strong policy implementation that served as a basis for the economy’s resilience prior to the Covid-19 pandemic.

Subject: Balance of payments, Balance of payments need, COVID-19, Credit, Economic sectors, External debt, Health, Money, Public debt, Public sector

Keywords: Arrangement, Augmentation request, Balance of payments need, COVID-19, CR, Credit, Fcl arrangement, FCL arrangement, Fcl augmentation, FCL instrument, Global, Inflation expectation, ISCR, Liquidity provision, Public sector, SDR

Publication Details

  • Pages:

    76

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2020/284

  • Stock No:

    1COLEA2020004

  • ISBN:

    9781513557823

  • ISSN:

    1934-7685