Cardenas to Remain Finance Minister in Next Colombia Government
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Mauricio Cardenas will stay on as Colombia’s Finance Minister after President Juan Manuel Santos is sworn in for a second four-year term next month.
Santos made the announcement at an event organized by Goldman Sachs Group Inc. in Miami, where he praised Cardenas’ handling of the economy, which grew at the fastest pace in Latin America in the first quarter. Cardenas’ reappointment will be “generally well received” by investors, said Camilo Perez, chief economist at Banco de Bogota, Colombia’s biggest bank.