Colombia

IMF cuts Colombia 2017 economic growth estimate to 2.3 pct

Reuters
BOGOTA, March 17 (Reuters) - The International Monetary Fund on Friday cut its 2017 forecast for Colombian economic growth to 2.3 percent from 2.6 percent, citing political uncertainty and financial market volatility. The IMF's projection is below the government's GDP target of 2.5 percent for 2017. "Risks include episodes of financial volatility and further declines in oil prices that could reduce fiscal revenues and lead to currency depreciation and...

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