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Colombia aims for economic rebound

Tuesday, February 21, 2017

Ahead of presenting Colombia’s worst economic growth rate since the banking crisis, the country has prepared an economic strategy to “rebound” from the burst commodity bubble.

For years, Colombia was able to present impressive economic growth statistics because investment in and royalties from crude oil were skyrocketing. However, when commodity prices started dropping in 2014, so did Colombia’s growth rate.

Source: Colombia Reports