Colombia; 2002 Article IV Consultation and Request for Stand-By Arrangementâ€”Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Colombia

This paper examines Colombiaâ€™s 2002 Article IV Consultation and Request for Stand-By Arrangement. The economic situation worsened in the first half of 2002. Economic activity has remained sluggish, and the fiscal consolidation has gone off-track. Exacerbated by increased contagion from other countries in the region, concerns about fiscal solvency led to increased pressure on the peso from mid-year and a loss of external market access. Executive Directors have commended the new governmentâ€™s swift and comprehensive action to face a difficult domestic and external situation.

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Year of publication:	2003-01-24
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Economic conditions \| Article IV consultations \| pension \| external debt \| central bank \| public debt \| pension reform \| pension system \| pensions \| current account \| external financing \| public finances \| retirement \| domestic debt \| debt ratio \| debt service \| public sector debt \| pension regimes \| balance of payments \| current account deficit \| pension contributions \| health system \| public pension \| debt sustainability \| pension fund \| pension funds \| debt reduction \| current account balance \| domestic financing \| national accounts \| contribution period \| short-term debt \| external borrowing \| total external debt \| retirement ages \| pension liabilities \| long-term external debt \| labor force \| minimum pension \| market risk \| pension payments \| retirement age \| domestic borrowing \| private debt \| debt outstanding \| contribution rates \| repayments \| insurance companies \| sovereign bond \| debt stock \| external debt service \| debt reductions \| private savings \| public pension system \| public sector management \| risk management \| debt management \| government pension \| private sector debt \| repurchases \| debt relief \| budget law \| private external debt \| long-term debt \| pension accounts \| external shocks \| debt service payments \| public system \| pension plans \| debt dynamics \| early retirement \| foreign debt \| legal framework \| future pension \| government debt \| amortization payments \| private pension \| pension benefits \| private pension funds \| secure pension \| informal sector \| pension regime \| market risks \| supervisory authorities \| long-term loans \| commercial borrowing \| foreign currency debt \| disability pension \| pension issues \| revenue collections \| contingent liabilities \| total debt stock \| asset management \| pension reform strategy \| current pension \| loan disbursements \| reserve assets \| retirement pensions \| indexed bonds \| debt-service obligations \| external loans \| insurance company \| sovereign bonds \| short term debt \| future pensions \| pension fund administrators \| net debt \| pension obligations \| pension plan \| individual pension accounts \| additional pension \| revenue shortfall \| currency debt \| nominal wages \| benefit pension \| pension reforms \| pensionable age \| replacement rates \| tax rate \| voluntary pension \| general resources account \| mutual funds \| pension schemes \| value of pension \| public pension schemes \| public debt management \| individual account \| long-term ? ? ? ? ? ? ? ? ? external debt \| balance of payment \| external debt burden \| tax rates \| pension entitlements \| payroll taxes \| access to pensions \| pension scheme \| health systems \| bilateral donors \| debt burden \| external public debt \| individual pension \| debt management policies \| pensions system \| defined benefit \| defined benefit pension

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 03/19 11 pages long
Source:	RePEc - Research Papers in Economics

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