Cover IMF Staff Country Reports
Colombia: Selected Issues and Statistical Appendix
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1999: Issue 006
Language:
English
Publication Date:
01 Mar 1999
DOI:
https://doi.org/10.5089/9781451808735.002
ISBN:
9781451808735
ISSN:
1934-7685
Pages:
133
Keywords:
ISCR; CR; Colombia; inflation uncertainty; potential GDP; customs; GDP ratio; homicide rate; drug income; potential GDP growth; deposit requirement; Pension spending; Inflation; Public sector; Customs administration core functions; Fiscal stance; Global; Caribbean
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This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund