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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessGovernment Upgrade 2021 Economic Growth Projection To 6%
- Colombia's Finance Minister Jose Manuel Restrepo presented the 2021 mid-term fiscal plan.
- Next year's fiscal deficit forecast at 7% of GDP
- Fiscal strategy to be "expansionary" in the short term
- Colombia to begin its fiscal adjustment in 2022
- Colombia's government also increased its economic growth projection for this year to 6% from 5%, despite recent road blockades connected to anti-government protests that have caused shortages and hit exports.
- Separately, Colombia's Finance Ministry will offer a new benchmark peso bond due in 2031, according to an emailed statement.
- New 10-year note, which will replace local bonds due in 2027, will be initially offered in two auctions of 700b pesos each on June 23 and July 14.
- From July 28 the new bond will be offered alongside notes due 2036 and 2050. (BBG)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.