Colombia’s Portafolio covers TBY interview

Colombia’s Portafolio covers TBY interview with the Minister of Finance and Public Credit of Colombia, Mauricio Cardenas. The Minister gave his economic outlook for 2016 and explained it will be a transition year to the new reality of low commodity prices. Commodities revenue represented 20% of government income in 2013 and, for 2016, it will be no more than 2%. He also suggested the devaluation of the national currency to the dollar will strengthen and make the Colombian companies more competitive in the region. Click here to read the full article.