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Cover -- CONTENTS -- CONTEXT -- RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- POLICIES -- REVIEW OF QUALIFICATION -- SAFEGUARDS ASSESSMENT -- STAFF APPRAISAL -- BOX -- 1. Updated External Economic Stress Index -- FIGURES -- 1. Recent Economic Developments -- 2. External Sector Developments -- 3. Recent Financial Developments -- 4. Non-Resident Investors in Local Currency Government Debt -- 5. FCL Qualification Criteria -- 6. Reserve Coverage in an International Perspective -- 7. External Debt Sustainability: Bound Tests -- TABLES -- 1. Selected Economic and Financial Indicators -- 2a. Summary Balance of Payments (In millions of US) -- 2b. Summary Balance of Payments (In percent of GDP) -- 3. Operations of the Central Government -- 4. Operations of the Combined Public Sector -- 5. Monetary Indicators -- 6. Medium-Term Outlook -- 7. Financial Soundness Indicators -- 8. Indicators of External Vulnerability -- 9. Public Sector Debt Sustainability Analysis - Baseline Scenario -- 10. Public Sector Debt Sustainability Analysis - Composition of Public Debt and Alternative Scenarios -- 11. External Debt Sustainability Framework -- 12. Indicators of Fund Credit.

KEY ISSUESContext. Colombia's economic performance has been robust, underpinned by a verystrong policy framework. Last year, real GDP grew by 4.3 percent, with low inflation. The country has a strong external position; the financial system is sound; and fiscal policy remains guided by a structural fiscal balance rule. The authorities intend to undertake an ambitious infrastructure program to be executed through public-private partnerships.Outlook and risks. Real GDP growth is projected to converge to potential (about4½ percent) in 2014, with inflation remaining within the 2?4 percent target ra

Over the year ICRC delegates made 66 visits to 34 places of detention in Colombia, all of which were under the jurisdiction of the Ministry of Justice. During these visits 810 security detainees were seen and 217 new detainees were registered. In spite of repeated attempts, ICRC delegates were not granted access to detainees being interrogated by the armed forces and the police. Nonetheless, in December 1990 the Departamento Administrativo de Seguridad (DAS), which comes under the direct control of the Presidency, gave formal authorization for ICRC delegates to visit its detainees.

Cover -- CONTENTS -- CONTEXT AND RECENT DEVELOPMENTS -- OUTLOOK AND RISKS -- REVIEW OF QUALIFICATION -- SAFEGUARDS ASSESSMENT -- STAFF APPRAISAL -- BOX -- 1. Updated External Economic Stress Index -- FIGURES -- 1. Recent Economic Developments -- 2. External Sector Developments -- 3. FCL Qualification Criteria -- 4. Reserve Coverage in International Perspective -- 5. Indicators of Institutional Quality -- 6. External Debt Sustainability: Bound Tests -- TABLES -- 1. Selected Economic and Financial Indicators -- 2A. Summary Balance of Payments (In millions of US) -- 2B. Summary Balance of Payments (In percent of GDP) -- 3. Operations of the Central Government -- 4. Operations of the Combined Public Sector -- 5. Monetary Indicators -- 6. Medium-Term Outlook -- 7. Financial Soundness Indicators -- 8. Indicators of External Vulnerability -- 9. Public Sector Debt Sustainability Analysis (DSA) - Baseline Scenario -- 10. Public DSA - Composition of Public Debt and Alternative Scenarios -- 11. External Debt Sustainability Framework, 2012.22 -- 12. Indicators of Fund Credit, 2016.22.

This article attempts to briefly review the managements systems and applicable fiscal control in Colombia, the procedures devised by the legislature to compensate the damages caused to the public purse, and of the current situation in the management of public resources. Similarly, this paper serves as a vehicle to demonstrate certain behaviors not contained in current regulations in fiscal control, and to make certain proposals about possible changes of the current fiscal regime. ; El presente artículo es una breve reseña de los sistemas de gestión y de control fiscal aplicables en Colombia, de los procedimientos para resarcir los daños causados al erario público y de la situación actual en el manejo de recursos públicos. De igual manera, tiene como objeto evidenciar algunas conductas de común ocurrencia no contenidas en las normas vigentes en materia de control fiscal y a manera de conclusión realizar unas propuestas en torno a la posible modificación del régimen fiscal actual. ; Este artigo é uma visão geral dos sistemas de controlo fiscal na Colômbia, procedimentos para compensar os danos causados ao erário público e a situação atual na gestão dos recursos públicos e de gestão aplicável. Da mesma forma, pretende-se destacar alguns comportamentos de ocorrência comum não contidas das na regulamentação em vigor no domínio do controlo fiscal e em jeito de conclusão que apresentasse propostas sobre eventuais alterações do actual regime fiscal.

This article attempts to briefly review the managements systems and applicable fiscal control in Colombia, the procedures devised by the legislature to compensate the damages caused to the public purse, and of the current situation in the management of public resources. Similarly, this paper serves as a vehicle to demonstrate certain behaviors not contained in current regulations in fiscal control, and to make certain proposals about possible changes of the current fiscal regime. ; El presente artículo es una breve reseña de los sistemas de gestión y de control fiscal aplicables en Colombia, de los procedimientos para resarcir los daños causados al erario público y de la situación actual en el manejo de recursos públicos. De igual manera, tiene como objeto evidenciar algunas conductas de común ocurrencia no contenidas en las normas vigentes en materia de control fiscal y a manera de conclusión realizar unas propuestas en torno a la posible modificación del régimen fiscal actual. ; Este artigo é uma visão geral dos sistemas de controlo fiscal na Colômbia, procedimentos para compensar os danos causados ao erário público e a situação atual na gestão dos recursos públicos e de gestão aplicável. Da mesma forma, pretende-se destacar alguns comportamentos de ocorrência comum não contidas das na regulamentação em vigor no domínio do controlo fiscal e em jeito de conclusão que apresentasse propostas sobre eventuais alterações do actual regime fiscal.

This article analyzes the reasons for the increasing levels of instability in the relations between Ecuador and Colombia during the first years of the current century, by describing processes of increased security concerns that occurred within both countries and their bilateral relations. The fact that domestic and international security had occupied prominent space on the bilateral agenda has favored that the two countries's overall international relations turned out to be instable. On a similar note, this hypothesis is examined through an analytical description of the processes that had led to a suspension of all foreign relations between Ecuador and Colombia in 2008. ; Este documento busca analizar en detalle las causas del incremento en los niveles de inestabilidad que se han presentado entre Ecuador y Colombia –y que han contado con la participación de Venezuela– a través del análisis de los procesos de securitización en cada uno de estos países y en las consecuentes interrelaciones de seguridad. Para ello, primeramente analizaremos las dinámicas de seguridad tradicionales de los países andinos, para identificar sus interrelaciones. Después estudiaremos los procesos de securitización en los EUA desde los ataques del 11/S y su vinculación con las dinámicas de seguridad colombianas. Continuaremos con un vistazo del impacto de los procesos de securitización de Colombia en Ecuador y finalizaremos analizando la crisis de marzo de 2008.