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Colombia finance minister opens door to international financing

admin by admin
November 18, 2022
in Investing
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Colombia Finance Minister Jose Antonio Ocampo on Thursday opened the door to possible financing in international markets for the Andean country, if the recent trend in falling borrowing costs continues.
The South American country has already met its targeted debt level in foreign and local markets this year.
Ocampo had previously shut down the possibility of looking for financing in international markets in recent months due to the high costs of debt caused by rising interest rates worldwide, saying Colombia would focus on multilateral banking instead.

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