12 Mar 2019, Radoslav Yordanov, EMIS Editor
IMF raises its 2019 growth forecast for Colombia
In this regard, the IMF praised the government’s fiscal and monetary policies and projected that the public deficit would be reduced to 2.4% of GDP this year.
On the other hand, the IMF underlined that more structural policies are needed to consolidate the expansion of the local economy. The fund warned that Colombia’s GDP still could be affected by the uncertain global context related to the expectation of weakening global demand.
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