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 ...

NEW YORK/BOGOTA (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 for crisis ...

The International Monetary Fund has suspended Colombia's access to its Flexible Credit Line (FCL), worth approximately $8.1bn and in place since 2009, citing concerns over the country's fiscal ...

Collaboration between Colombia and the IMF dates to 1999, when the Fund provided a $2.7 billion loan to help the country overcome a severe recession. Among reforms undertaken to put the economy back ...

The IMF echoed that sentiment, saying Colombia's central bank will have to maintain a restrictive monetary police until after 2023. At the same time internal risks cannot be ruled out, the IMF said.

Dominique Strauss-Kahn, the IMF's managing director, said in a statement late Monday that "Colombia has a sustained record of sound economic policies, and has very strong economic fundamentals and ...

BOGOTA, Feb 14 (Reuters) - Colombia's central bank should proceed with caution on interest rate reductions, the International Monetary Fund (IMF) said on Wednesday, given upside inflation risks.

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 ...

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.