{
  "title": "Colombia: Staff Report for the 2015 Article IV Consultation",
  "publication": "IMF Staff Country Reports, June 8, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/colombia-staff-report-for-the-2015-article-iv-consultation-42980",
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  "summary": "This 2015 Article IV Consultation highlights that Colombia has enjoyed strong growth over the past several years, among the highest in Latin America.",
  "sections": [
    {
      "heading": "Summary findings",
      "content": "- Colombia experienced strong growth over the past several years, described as among the highest in Latin America.\n- Credible fiscal and inflation targeting frameworks supported sound macroeconomic policy management and underpinned robust economic performance during the last decade.\n- Social indicators improved steadily over this period.\n- Public debt remained low.\n- The current account deficit widened to 5.2 percent in 2014, while capital inflows were buoyant."
    },
    {
      "heading": "Growth outlook and drivers",
      "content": "- Growth is expected to gradually rise toward its potential over the medium term.\n- Projected support for growth includes:\n  - the government’s public–private partnership-based infrastructure program\n  - a gradual recovery in oil prices and external demand"
    },
    {
      "heading": "Subject areas and keywords (as listed)",
      "content": "- Subject: Commodities, Economic sectors, External debt, Oil, Oil prices, Prices, Public debt, Public sector\n- Keywords: Central America, CR, deficit, Europe, Global, government, house price growth, inflation expectation, inflation targeting framework, ISCR, monetary policy stance, Oil, oil price decline, Oil prices, Public sector\n\n---\n\n Content in this bundle\n\n- cr15142\n  - cr15142 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15142 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: June 8, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513530215.002",
    "Colombia experienced strong growth over the past several years, described as among the highest in Latin America.",
    "Credible fiscal and inflation targeting frameworks supported sound macroeconomic policy management and underpinned robust economic performance during the last decade.",
    "Social indicators improved steadily over this period.",
    "The current account deficit widened to 5.2 percent in 2014, while capital inflows were buoyant.",
    "Growth is expected to gradually rise toward its potential over the medium term.",
    "Projected support for growth includes:",
    "Subject: Commodities, Economic sectors, External debt, Oil, Oil prices, Prices, Public debt, Public sector",
    "Keywords: Central America, CR, deficit, Europe, Global, government, house price growth, inflation expectation, inflation targeting framework, ISCR, monetary policy stance, Oil, oil price decline, Oil prices, Public sector",
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