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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2004. "Colombia: Second Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria," IMF Staff Country Reports 2004/015, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2004/015
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    Citations

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    Cited by:

    1. Mr. V. Hugo Juan-Ramon & Emiliano Basco & Carlos Quarracino & Mr. Adolfo Barajas, 2006. "Banks During the Argentine Crisis: Were they All Hurt Equally? Did they All Behave Equally?," IMF Working Papers 2006/042, International Monetary Fund.
    2. Bernardo X. Fernández Tellería, 2007. "Dollarization hysteresis, network externalities and the “past legacy” effect: the case of Bolivia," Monetaria, CEMLA, vol. 0(2), pages 167-217, marzo-abr.
    3. Henry Vargas Campos & Jacqueline Zamora Bolaños, 2007. "Proyección de inflación en una economía pequeña y abierta usando modelos de estado espacio con cambio de régimen: caso de Costa Rica," Monetaria, CEMLA, vol. 0(2), pages 133-166, marzo-abr.
    4. Carlos Montoro & Eduardo Moreno, 2007. "Regla fiscal estructural y el ciclo del producto," Monetaria, CEMLA, vol. 0(2), pages 107-132, marzo-abr.
    5. World Bank, 2005. "Bolivia : Poverty Assessment, Establishing the Basis for More Pro-Poor Growth," World Bank Publications - Reports 8412, The World Bank Group.
    6. repec:onb:oenbwp:y:2006:i:11:b:1 is not listed on IDEAS
    7. Wiebelt, Manfred, 2004. "GEM-PIA: A real-financial general equilibrium model for poverty impact analysis technical description," Kiel Working Papers 1230, Kiel Institute for the World Economy (IfW Kiel).

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