Colombia : Staff Report for the First Review Under the Extended Arrangement.

Colombia's economic performance deteriorated markedly in the last half of 1998 and during 1999 under the combined influence of external shocks and a weakening of confidence. In an effort to reverse the deterioration, the authorities developed a multiyear stabilization and reform program based o...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Staff Country Reports; Country Report ; No. 2001/012
Online Access:Full text available on IMF
Description
Summary:Colombia's economic performance deteriorated markedly in the last half of 1998 and during 1999 under the combined influence of external shocks and a weakening of confidence. In an effort to reverse the deterioration, the authorities developed a multiyear stabilization and reform program based on fiscal consolidation, exchange rate flexibility bank restructuring, and structural reforms. Indications suggested that economic activity in Colombia has been recovering and the IMF-supported extended program remains on track. The IMF staff welcomed the authorities' reaffirmation of the strategies and policies underlying the program.
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Physical Description:1 online resource (61 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students