Colombia : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Colombia
Author/Editor:
International Monetary Fund. Western Hemisphere Dept.
Publication Date:
May 31, 2017
Electronic Access:
Free Full text (PDF file size is 5490 KB).Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Colombia has a strong policy framework and fundamentals. Timely policy decisions have guided an orderly adjustment process to the large drop in the terms of trade experienced since 2014, aligning domestic demand with dimmer external conditions. Despite the growth slowdown last year and high inflation, poverty and inequality further improved. The current account deficit has narrowed significantly and inflationary pressures are gradually moderating. The banking system remains sound, but pockets of corporate vulnerability have emerged. The peace agreement with the FARC and the structural tax reform are important milestones that have reduced uncertainty and set the stage for a favorable outlook.
Series:
Country Report No. 17/138
English
Publication Date:
May 31, 2017
ISBN/ISSN:
9781484302163/1934-7685
Stock No:
1COLEA2017001
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
63
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
