This paper discusses Colombia's Arrangement Under the Flexible Credit Line (FCL) and Cancellation of the Current … Arrangement. In the baseline scenario, growth in Colombia is expected to decelerate to 3.4 percent in 2015 but gradually return … toward potential over the medium term and inflation to remain at the midpoint of the central bank's 2-4 percent target range …

Colombia's recovery is gaining momentum on the back of strong domestic demand, with a wider current account deficit. As … estimated to live in Colombia. Risks to global growth and financial stability are tilted to the downside and have increased … non-resident holdings of local-currency bonds, Colombia remains exposed to lower global growth, including indirectly …