Colombia economy likely to recuperate soon: analyst

The Colombian economy is likely to soon start a slow, but steady climb out of
the crisis that has hit most parts of the world, Brookings institution
director Mauricio Cárdenas Santamaria said Sunday.

In an interview with Caracol Radio, the economic analyst said “things are bad, but will be improving.”

According to Cárdenas, there is a possibility that the worst already is behind and that the economy now enters a period of stability before improving again.

To be certain of this, the analyst says to need more indicators. The economis also did not deny the possibility that things get even worse and Colombia officially will be in recession.

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