European Parliament Library

Colombia :, Review Under the Flexible Credit Line: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Colombia

This paper discusses key findings of the Review Under the Flexible Credit Line (FCL) for Colombia. The FCL arrangement has provided Colombia an additional coverage against adverse external shocks, in the context of strong monetary and fiscal policies. Colombia’s strong institutional and policy frameworks have created the scope to support domestic demand with prudently expansionary macroeconomic policies. The resources from the FCL have helped to bolster confidence in the country’s ability to withstand additional external shocks. In the IMF staff’s view, Colombia continues to fully meet the FCL qualification criteria
Table Of Contents
Cover; Contents; I. Background; II. Developments and Policies Since the Approval of the FCL; III. Review of Qualification Criteria; IV. Staff Appraisal; Figures; 1. Recent Developments; 2. Qualification Criteria; 3. External Debt Sustainability; 4. Public Debt Sustainability; Tables; 1. Selected Economic and Financial Indicators; 2. Summary Balance of Payments; 3. External Financing Requirements and Sources; 4. Operations of the Combined Public Sector; 5. Financial Soundness Indicators Total Banking System; 6. Indicators of Fund Credit, 2008-14
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
Form Of Item

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