IMF grants Colombia a 2-year, $8.1bn Flexible Credit Line due to robust fundamentals and policies.
The International Monetary Fund (IMF) has granted Colombia a two-year, $8.1bn Flexible Credit Line due to its robust economic fundamentals, institutional policies, and maintaining strong policies. This precautionary arrangement aims to boost market confidence and insure against external risks. Colombia intends to reduce access to the credit line as risks allow, as part of its gradual exit strategy.
April 26, 2024
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