Colombia: First Review Under the Stand-By Arrangement
IMF Staff Country Reports, June 23, 2003
Source details
- Canonical URL
- Colombia: First Review Under the Stand-By Arrangement
Other formats
Bibliographic details
- Authors: Arrangement This
- Published: June 23, 2003
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451808841.002
Overview and main findings
- This paper examines the First Review Under the Stand-By Arrangement for Colombia.
- Under the authorities’ program, economic performance has been mostly favorable.
- Real economic growth appears to be recovering, led by a pickup in domestic demand that outweighed a decline in net exports.
- Inflation has remained above the program target.
- Since late February, the currency has appreciated, responding partly to a sharp decline in the country risk premium.
- The program is on track and the authorities have reiterated their full commitment to achieving the main elements of the program’s macroeconomic framework.
Thematic coverage
- Subject areas covered: Economic sectors, Expenditure, External debt, Fiscal policy, Pension spending, Public debt, Public sector.
- Keywords included in the source: Colombia's Stand-By Arrangement, CR, deficit, economic reform, economic reform program, executive board review, executive board review of Colombia, Global, government, ISCR, Pension spending, policy implementation, Public sector, SBA program.