Tag: fiscal policy

IMF warns Colombia about oil dependence

The International Monetary Fund (IMF) on Monday praised Colombia for its sound macroeconomic policies, but not without a word of caution regarding the country’s dependence on oil and mining. “Overall, the economic outlook...

Colombia cuts interest rates to lowest level in Latin America

Colombia’s central bank on Monday again cut interest rates after board members came to the conclusion that the economy was growing below its potential. The central bank voted in favor of bringing interest rates down by 25 basis...

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