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Finance Ministry Reduces 2023 Growth Estimate To 1.8% From 2.2%

COLOMBIA
  • Colombia cuts growth projection for 2023 to 1.8% - (Reuters)
  • [RTRS]Colombia's economy will grow just 1.8% next year, the country's finance minister projected to Reuters on Tuesday, down from a previous projection of 2.2%.
  • Expansion will reach 7.7% this year, Ocampo said on the sidelines of congressional hearings, up from a previous prediction of 6.5%.
  • The government's projection for next year - which has now been revised downward at least twice - is still more optimistic that the central bank's predicted expansion of 1.1%.

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