May 28, 2019
The International Monetary Fund (IMF) said it has maintained a two-year, $11.4bn flexible credit line for Colombia.
"Colombia's economic recovery is gaining momentum, supported by its very strong policy frameworks and well-executed policies," the IMF said in a statement.
Inflation has come close to the target, and a flexible exchange rate remains the best defense for external shocks. The financial sector, meanwhile, is strong and gradually adhering to Basel III rules, the IMF said.
A sharp dr
Multilateral lender says an economic recovery is gaining momentum