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Colombia deficit expected to widen by year-end

Friday, March 6, 2015

Colombia's current account deficit may widen to almost 6 percent of GDP by the end of the year and the benchmark lending rate should remain steady at 4.5 percent, central bank board member Carlos Gustavo Cano said.

Cano said the deficit is likely to expand from 5 percent of gross domestic product last year.

Source: Reuters