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Colombia’s economic slowdown is in the past: central bank

Thursday, November 16, 2017


Colombia’s central bank raised the projected economic growth for 2018 to 2.7% as the South American country recovers from the 2014 drop in commodity prices.

The growth rate for this year has been projected to be 1.6%, the lowest in the first 17 years of this century. In the minutes published on Friday, economic growth hit bottom in the second quarter of this year.

Source: Colombia Reports