BOGOTA, Colombia (AP) — The economics professor who has been tapped as Colombia’s upcoming finance minister claims the left-leaning government using office next month will target on raising taxes on the abundant so it can expend a lot more on poverty programs.
But Jose Antonio Ocampo mentioned the administration will regard the autonomy of the central financial institution and work with ratings agencies on recovering the nation’s fiscal standing. He additional that international investment will continue to be welcome in Colombia.
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