• 10-MAY-2018

  • SOURCE: IMF

IMF Video “Colombia: A Tax Reform Succeeds”

In 2014, the oil price shock hit Colombia’s economy hard. The government, with the IMF’s support, took action by implementing a successful tax reform plan that helped raise revenues and stabilize the economy. Colombia’s Finance Minister, Mauricio Cardenas, and Central Bank Manager, Hernando Vargas, share how they managed the crisis.

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