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Colombia

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  • International Monetary Fund. Western Hemisphere Dept.
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    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.

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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=40297
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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Staff Country Reports with number 13/35.

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    Length: 73
    Date of creation: 04 Feb 2013
    Date of revision:
    Handle: RePEc:imf:imfscr:13/35

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    Related research

    Keywords: Article IV consultation reports; Fiscal policy; Current account; Real effective exchange rates; Capital flows; Bank credit; Private sector; Monetary policy; Bank supervision; Economic indicators; Staff Reports; Public information notices; Colombia; external debt; central bank; public debt; current account deficit; debt sustainability; current account balance; public sector debt; fiscal consolidation; balance of payments; debt ratio; external debt sustainability; external financing; public finances; debt stock; medium-term fiscal framework; currency mismatches; domestic currency; total external debt; short-term debt; fiscal policy framework; fiscal framework; external borrowing; debt service; domestic debt; debt relief; debt dynamics; reserve assets; domestic financing; short term debt; external debt service; fiscal expansion; account deficits; fiscal reforms; tax revenues; fiscal rule; fiscal balance; debt management; fiscal stance; net debt; current account deficits; external shocks; debt management strategy; sovereign debt; long-term loans; aggregate demand; long-term debt; public investment spending;

    This paper has been announced in the following NEP Reports:

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