Santos warns of US ‘fiscal cliff’ impact

Colombia’s president Juan Manuel Santos on Monday said the country’s economy is doing well, but warned of the possible impacts of a fiscal crisis in the United States.

In an interview with RCN Radio, Santos said he hoped U.S. leaders come to an agreement before their economy goes over the so-called “fiscal cliff.”

“They should be aware that this is not just a domestic issue, but an issue that has international repercussions. Nobody can hide,” said Santos.

Santos went on to say that “fortunately our overall economy is doing well. I think this year we ended up with a growth of around four percent. Hopefully it will be even higher, but it will be close to four percent.”

Related posts

Former presidents of Colombia’s congress formally accused of corruption

Former president maintains control over Colombia’s Liberal Party

UN Security Council extends monitoring of Colombia’s peace process