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...

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Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2009.
Seri Bilgileri:IMF Staff Country Reports; Country Report ; No. 2009/312
Online Erişim:Full text available on IMF
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520 3 |a 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. 
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