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Colombia Alert to the Impact of Fiscal Stimulus, Uribe Says

Colombia’s central bank will be “very alert” to the impact of the government’s $2.7 billion stimulus plan announced this week as it decides on the direction of interest rates, bank Governor Jose Dario Uribe said.

The government’s package of measures adds “an extra impulse from the fiscal side to the monetary policy impulse,” Uribe said today in an interview in Washington, D.C.