X Close

World

Published: Tuesday July 15, 2014 MYT 7:50:02 AM
Updated: Tuesday July 15, 2014 MYT 7:51:29 AM

Colombia's Santos reappoints Cardenas as finance minister

BOGOTA (Reuters) - Colombia's President Juan Manuel Santos will retain Finance Minister Mauricio Cardenas in his second four-year term in office, which begins next month, a Finance Ministry statement said on Monday.Colombia's economy has grown increasingly attractive to foreign investors with growth remaining above 4 percent since 2010 combined with low inflation. Commodities are a key part of its output, including crude oil, coal and coffee. Cardenas, who earned a doctorate in economics at the University of California, Berkeley, has been finance minister since September 2012 after a stint as Mines and Energy minister.

(Reporting by Helen Murphy; Writing by Peter Murphy)

advertisement

  1. A minute’s silence on Friday morning
  2. A father’s enduring love
  3. Four-year-old boy dies after being left inside parked car
  4. ALS ice bucket challenge hits Malaysia
  5. Cops detain 15-year-old teenager for allegedly raping mother
  6. A black Friday for Malaysians
  7. Anger over drinking water with faecal bacteria goes viral
  8. Substance over form, intent over law
  9. Hacker targets info on MH370 probe
  10. To wear scarf or not to wear scarf

advertisement

advertisement