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Comments From Restrepo and Duque

COLOMBIA
  • Colombia Finance Minister Restrepo comments on twitter:
    • Colombia GDP to grow above 8.5% in 2021 (BBG)
    • Sees Colombia 2021 fiscal deficit below 8.6% OF GPD (BBG)
  • Separately, Colombian President Ivan Duque urged a cautious approach to further tightening after the central bank accelerated the pace of interest-rate increases last month. (BBG)
    • "I don't want to mess with the independence of the central bank but if you ask me, I think the intervention that has already been undertaken, we have to wait a little to see how inflation reacts," Duque said on the sidelines of Expo 2020.

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