“The Colombian economy is showing its resilience and we are seeing how the ‘Compromiso por Colombia’ reactivation plan is bringing results, how mass vaccination is bringing results,” Duque said at a press conference.
“We already have October, which was a good month; end November well, get December ahead and try to put ourselves in that mentality. Even raising our growth projection and putting ourselves on the goal of growing above 9%, it is possible and I I feel that Colombia is going in that direction, “added the president.
The government revised its economic growth target for this year to 8.5% from 6% in early November, while the central bank projects a 9.8% expansion.
The growth above expectations, which translated into an upturn in inflation to 4.58% per year in October – above the specific goal of 3% – led the Central Bank to start an upward cycle in September. interest rate, 25 basis points that month and 50 basis points in October up to 2.50%.
Colombia applied a total of 52.3 million doses of vaccines and some 23.1 million inhabitants have their complete scheme, almost half of the population of 50 million people.
Source From: Ambito
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