Second Programmatic Business Product and Efficiency Development Policy Loan

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The Second Programmatic Business Productivity and Efficiency Development Policy Loan for Colombia will support policy and institutional reforms in three areas: enhancement of foreign trade competitiveness; strengthening of the financial system and capital markets; improvement of the quality standards and technological innovation framework. The proposed loan will support sustainable growth and alleviation of poverty by facilitating the operation of businesses and promoting investment to boost productivity and employment levels; and consolidating the financial sector and capital markets as pillars of economic growth to address the needs of individuals and the productive sector.