Colombia: 2012 Article IV Consultation

International Monetary Fund

No 2013/035, IMF Staff Country Reports from International Monetary Fund

Abstract: Colombia’s economy has been resilient to the adverse global shocks of recent years. Inflation has been subdued, credit growth has eased, and financial soundness indicators are strong. The strong balance of payments continues to put upward pressure on the Colombian peso. In 2013, growth is expected to rise and inflation to remain on target. Short-term risks to the outlook continue to be tilted to the downside. The central bank’s intervention policy is geared at containing exchange rate volatility and strengthening external buffers.

Keywords: ISCR; CR; rate; deficit; staff report projection; portfolio; credit institution; core inflation; equity tax; staff appraisal; staff report's projection; Public sector; Fiscal stance; Energy subsidies; Global (search for similar items in EconPapers)
Pages: 73
Date: 2013-02-04
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Citations: View citations in EconPapers (5)

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