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The International Monetary Fund said on Saturday it had set conditions for Colombia's access to its $8.1-billion Flexible Credit Line, a precautionary tool for crisis prevention and mitigation, ...
The IMF, under Kristalina Georgieva, cited a significant deterioration in Colombia's public finances and made the credit line contingent on completing an ongoing Article IV consultation and a mid ...
This report on recent economic developments in Colombia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member ...
(MENAFN- The Rio Times) The International Monetary Fund (IMF) suspended Colombia's access to its $8.1 billion Flexible Credit Line (FCL) on April 26, 2025, after the country's fiscal deficit and ...
The multilateral lender's decision to freeze a billion-dollar credit line is putting pressure on the government to rein in ...
Colombia had access to a similar tool since 2009, but only made use of it once in 2020 when the pandemic wreaked havoc on the global economy. But the IMF move shines a fresh light on the country's ...
The IMF approved Colombia's current FCL in April 2024. The South American country has had access to that type of program since 2009, tapping it once in 2020 with a then $5.4-billion draw to cover ...
NEW YORK/BOGOTA, April 30 (Reuters) - The International Monetary Fund said on Saturday it had set conditions for Colombia's access to its $8.1-billion Flexible Credit Line, a precautionary tool ...
FILE PHOTO: A view of the International Monetary Fund (IMF) logo at its headquarters in Washington, D.C.
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