The objective of the 2015 Colombia Public Expenditure and Financial Accountability (PEFA) assessment is to have an … progress made with the reforms implemented in recent years by the Government of Colombia (GoC), (ii) understand the impacts of …-term economic stability and sustainability. The scope of the PEFA Colombia 2015 exercise covers the Central Government and the …

Over the past twenty years, fiscal policy has become one of the three pillars of macroeconomic stability for Colombia … framework) and a prudent management of public finances. After the 1999 crisis, Colombia managed to reduce the general government … deficit and built buffers, which allowed it to respond to the 2008 Global Financial Crisis. Colombia successfully withdrew the …

Over the past twenty years, fiscal policy has become one of the three pillars of macroeconomic stability for Colombia … framework) and a prudent management of public finances. After the 1999 crisis, Colombia managed to reduce the general government … deficit and built buffers, which allowed it to respond to the 2008 Global Financial Crisis. Colombia successfully withdrew the …