Colombia: Selected Issues
Volume/Issue:
Volume 2006
Issue 401
Publication date: November 2006
ISBN: 9781451808919
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Banks and Banking , Inflation , Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , firm , currency , GDP , real exchange rate , commodity price , inflation-targeting framework , pension system , run enterprise , government intervention , company plan , Real exchange rates , Hedging , Inflation , Exchange rate risk , Currencies , East Asia , Central America , Australia and New Zealand
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Summary
In recent years, Colombia has found several innovative ways to improve the efficiency of its public enterprise sector. One option used by Colombia to reform public enterprises has been to enhance their commercial orientation and limit the fiscal risk. If a public enterprise is considered commercially run, it could be removed from the country’s fiscal indicators and targets. This paper presents the IMF staff’s evaluation of these two enterprises. It also discusses the commercial orientation and fiscal risk of Isagen and Ecopetrol, respectively.
