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Colombia: 2008 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Colombia
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2009: Issue 023
Language:
English
Publication Date:
26 Jan 2009
DOI:
https://doi.org/10.5089/9781451808957.002
ISBN:
9781451808957
ISSN:
1934-7685
Pages:
62
Keywords:
ISCR; CR; staff appraisal; market; government bond rate; deficit; financial condition; headline inflation; liquidity restriction; staff projection; authorities response; emergency liquidity support; Public sector; Inflation; Exchange rates; Global
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Colombia’s economy has performed well in recent years. This 2008 Article IV Consultation highlights that economic growth in 2006–07 exceeded the regional average by a substantial margin. The authorities have acted swiftly to bolster confidence and ensure that the private sector retains access to credit. Executive Directors have commended the Colombian authorities for implementing sound macroeconomic policies and wide-ranging structural reforms, which had contributed to rapid growth and reduced vulnerabilities. Directors have also encouraged the authorities to move forward with their structural reform agenda.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2009: Issue 023