Colombia : Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria.

The program made good progress toward creating the conditions for faster sustained growth over the medium term. The economic policies aim to preserve the program's macroeconomic framework. Fiscal policy is expected to stay on a sustainable path. The central bank has been successful in achieving...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Staff Country Reports; Country Report ; No. 2004/015
Online Access:Full text available on IMF
Description
Summary:The program made good progress toward creating the conditions for faster sustained growth over the medium term. The economic policies aim to preserve the program's macroeconomic framework. Fiscal policy is expected to stay on a sustainable path. The central bank has been successful in achieving its inflation target. The proposed target for net international reserves will maintain an adequate reserve cushion. The prospects for sustained growth over the medium term remain favorable, provided the government maintains a strong fiscal policy and advance structural reforms.
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Physical Description:1 online resource (57 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students