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Economy

Colombia’s growth between 2 and 2.5%: ANIF

by Adriaan Alsema January 25, 2009
947

Economic growth in Colombia will be between 2 and 2.5 percent this year,
the country’s National Association of Financial Institutions (ANIF)
said Sunday.

The Government has earlier said it expected a growth of to be no less than 3 percent.

“If the United States would be growing 2%, Europe 1% and Latin America would only grow 2%, Anif believes that an economic growth in between 2% and 2.5% for Colobia would be satisfactory compared to the difficult international situation,” the Financial guild said in a statement.

“We believe that this entire scenario is a painful parenthesis for economic development, after the country believed to have been heading to a sustained growth higher than 5% between 2003 and 2007,” it added.

ANIF said it had revised its forecast for growth “because the lastest indications have deteriorated rapidly.”

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Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion