Colombia: Review Under the Flexible Credit Line Arrangement: Staff Report; Press Release; and Statement by the Executive Director for Colombia ePub (Adobe DRM) download by International Monetary Fund. West Dept.

Colombia: Review Under the Flexible Credit Line Arrangement: Staff Report; Press Release; and Statement by the Executive Director for Colombia

INTERNATIONAL MONETARY FUND
Publication date: June 2014
ISBN: 9781498308816
Digital Book format: ePub (Adobe DRM)

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Colombia has maintained a robust economic performance in recent years due in large part to its very strong policy framework. Well-anchored inflationary expectations, a flexible exchange rate, a structural fiscal balance rule, and effective financial supervision and regulation have contributed to the resilience of the Colombian economy to global uncertainty. The Flexible Credit Line (FCL) arrangement has also allowed Colombia to restore orderly financial market conditions despite increased volatility in financial markets over the past year by providing a buffer against tail risks.
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