Colombia : arrangement under the flexible credit line and cancellation of the current arrangement : staff report, staff supplement, press release on the Executive Board discussion, and statement by the Alternate Executive Director for Colombia /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2011.
Description:1 online resource (46 pages)
Language:English
Series:IMF country report ; no. 11/162
IMF country report ; no. 11/162.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499859
Hidden Bibliographic Details
Varying Form of Title:Colombia, arrangement under the flexible credit line and cancellation of the current arrangement
Other authors / contributors:International Monetary Fund. Western Hemisphere Department.
ISBN:9781462359707
1462359701
Notes:"July 2011."
Online resource; title from PDF title page (IMF Web site, viewed December 19, 2011).
Summary:Colombia's strong institutional frameworks and sound policy management have underpinned a strong macroeconomic performance and contributed to reducing vulnerabilities. The Colombian economy exhibited great resilience during the global crisis, and the output recovery is well entrenched. The impact on fund finances, risks, and safeguards are discussed. The Colombian authorities viewed that the uncertainties surrounding the external environment remain elevated and that a successor flexible credit line (FCL) arrangement with a duration of two years would provide useful protection against continuing external risks.