Colombia: Request for Augmentation of Access Under the Flexible Credit Line Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Colombia

International Monetary Fund

No 2020/284, IMF Staff Country Reports from International Monetary Fund

Abstract: The current FCL arrangement for Colombia was approved in May 2020. Colombia was cited for its very strong policy frameworks—anchored by a flexible exchange rate, a credible inflation-targeting regime, effective financial sector supervision and regulation, and a structural fiscal rule—and a track record of very strong policy implementation that served as a basis for the economy’s resilience prior to the Covid-19 pandemic.

Keywords: ISCR; CR; fcl arrangement; SDR; FCL instrument; fcl augmentation; arrangement; inflation expectation; liquidity provision; augmentation request; FCL arrangement; Credit; Balance of payments need; Public sector; Global; COVID-19 (search for similar items in EconPapers)
Pages: 76
Date: 2020-09-25
New Economics Papers: this item is included in nep-mac
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