Colombia : Staff Report for the 2005 Article IV Consultation

This paper discusses Colombia's 2005 Article IV Consultation, Fourth Review Under the Stand-By Arrangement (SBA), and Requests for Waiver of Nonobservance of Performance Criteria. Real economic growth in Colombia recovered to 4 percent a year in 2003-04. The national unemployment rate declined from 20 percent at end-2000 to 12 percent at end-2004. The health of the financial system continued to improve. The solvency and profitability of the banking system have recovered, reflecting economic growth, a successful recapitalization scheme, and improved supervision.
Publication date: May 2005
ISBN: 9781451808865
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debt , public sector , interest , deficit , external debt

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