IMF Staff Country Reports

Colombia: Selected Issues and Statistical Appendix

Publication Date:

March 1, 1999

Electronic Access:

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Summary:

This Selected Issues paper and Statistical Appendix analyzes economic developments in Colombia during 1996–99. Output growth slowed sharply in 1996 and early 1997, but subsequently rebounded owing to stronger exports, a temporary boom in world coffee prices, and an easing of credit policy. Despite efforts at addressing the fiscal imbalances, the nonfinancial public sector deficit widened further to more than 4 percent of GDP in 1997. Monetary policy during 1996 and most of 1997 was geared toward stimulating domestic demand.

Series:

Country Report No. 1999/006

Subject:

Customs administration core functions Economic sectors Expenditure Fiscal policy Fiscal stance Inflation Pension spending Potential output Prices Public sector Revenue administration