Colombia : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Colombia.

This paper discusses key issues related to the Colombian economy. Despite adverse global circumstances, Colombia's successful policies and inclusive growth agenda continued in 2015. Colombia's strong policy framework helped ensure an orderly adjustment to the deteriorated external conditio...

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Bibliographic Details
Corporate Author: International Monetary Fund. Western Hemisphere Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Staff Country Reports; Country Report ; No. 2016/129
Online Access:Full text available on IMF
Description
Summary:This paper discusses key issues related to the Colombian economy. Despite adverse global circumstances, Colombia's successful policies and inclusive growth agenda continued in 2015. Colombia's strong policy framework helped ensure an orderly adjustment to the deteriorated external conditions. Although the medium-term outlook is favorable, it is surrounded by downside risks. The main near-term risks stem from Colombia's still significant near-term external financing needs and potential capital inflow reversals, the result of volatile global financial conditions. On the upside, bringing the peace process to fruition could further improve business confidence and capital inflows, reinforcing the recovery that will follow the necessary adjustment process.
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Physical Description:1 online resource (78 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students