{
  "title": "Colombia: First Review Under the Stand-By Arrangement",
  "publication": "IMF Staff Country Reports, June 23, 2003",
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  "summary": "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.",
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      "heading": "Overview and main findings",
      "content": "- This paper examines the First Review Under the Stand-By Arrangement for Colombia.\n- Under the authorities’ program, economic performance has been mostly favorable.\n- Real economic growth appears to be recovering, led by a pickup in domestic demand that outweighed a decline in net exports.\n- Inflation has remained above the program target.\n- Since late February, the currency has appreciated, responding partly to a sharp decline in the country risk premium.\n- The program is on track and the authorities have reiterated their full commitment to achieving the main elements of the program’s macroeconomic framework."
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      "heading": "Thematic coverage",
      "content": "- Subject areas covered: Economic sectors, Expenditure, External debt, Fiscal policy, Pension spending, Public debt, Public sector.\n- 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.\n\n---\n\n Content in this bundle\n\n- cr03181\n  - cr03181 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr03181 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Authors: Arrangement This",
    "Published: June 23, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451808841.002",
    "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.",
    "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.",
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