Published on Tuesday, February 16, 2016 | Updated on Wednesday, February 17, 2016
Colombia Economic Outlook. First Quarter 2016
Summary
Global outlook is fragile and shows high uncertainty and vulnerabilities. Further drop in oil prices prolongs economic slowdown. Norrowing the current account deficit and supplanting oil tax revenue are the main challenges of the economy. Rising inflation expectations forces Banrep to increase its benchmark rate.
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