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 joyous Merdeka celebration
  2. Cops arrest 156 voluntary patrol members after state-level Merdeka procession
  3. Two youths killed in crash while racing in their Evo
  4. They acted like gangsters, IGP Khalid says of PPS
  5. Mei Fun: Police must arrest those behind attack on Guan Eng's home
  6. World champion still a dream for Chong Wei
  7. Proton offers sneak peek of new compact car
  8. Cops swoop in to arrest PPS members after Penang Merdeka parade
  9. 57 years of Malaysia
  10. Riot erupts after Sarawak-Perak football match in Kuching

advertisement

advertisement