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 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,…
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…
Political risk firm Eurasia Group branded Colombia’s fiscal gap a “growing concern,” with government deficit rising to almost 4.5% of GDP this year, Bloomberg reported Wednesday. Colombia saw an unexpectedly…