Venezuela instability a risk for Colombia growth - finance minister


  • World
  • Tuesday, 11 Jun 2013

IMF chief Christine Lagarde (C), Colombia's Minister of Finance Mauricio Cardenas (L) and President Juan Manuel Santos attend a news conference at the Narino Presidential house in Bogota December 10, 2012. REUTERS/John Vizcaino

LONDON (Reuters) - Colombia's economy faces its greatest risks this year from instability in neighbouring Venezuela and the slump in commodity prices, the country's finance minister said on Monday.

Growth forecasts for the Andean country are likely to be downgraded, with 4.4-4.5 percent a likely rate for 2013, Mauricio Cardenas told Reuters editors and Reuters Television.

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