Colombia: first review of the extended arrangement : staff report, news brief on the Executive Board discussions, and statement by the authorities of Colombia
International Monetary Fund. Western Hemisphere Dept, International Monetary Fund. Policy Development and Review Dept
International Monetary Fund, 2001 - Business & Economics - 60 pages
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0.2 percent achieved additional adjusted annual Banco Bogota budget carry-over capital ceiling central administration central bank Colombian authorities combined public sector commitment basis core inflation criterion current account currently before congress December declined disbursement discussions domestic assets envisaged exchange rate expected expenditure exports Extended Arrangement external debt financial institutions financial sector restructuring financial system financial transactions tax fiscal adjustment fiscal consolidation fiscal deficit fiscal responsibility law Fund staff estimates government's higher income increase Interbank rate interest rates international reserves investment loans millions of U.S. monetary base monitoring NFPS deficit nonfinancial public sector oil prices percent of GDP performance criteria peso Plan Colombia Present to congress private sector privatization proceeds privatization program Prog prudential indicators public banks public sector deficit recent reduced remain Republica September social security spending strengthen structural reform agenda target tax package territorial governments U.S. dollars unpaid bills urged the authorities value-added taxes