The director of the International Monetary Fund (IMF), Christine Lagarde said the multilateral agency will accompany “with pleasure” the government of Juan Manuel Santos offer “technical assistance for tax reform announced”
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This was told media following a meeting with the Colombian president, in IMF headquarters in Washington on Friday.
According to Lagarde, to reform the tax system, which the government submitted to Congress next July, “will absorb the costs of peace, despite the decline in oil revenues, “according to the agency Efe registration.
He also explained that” the performance of the Colombian economy remains solid. Praised the response policy deployed by the Government against the decline in oil prices, choice to adopt a tighter fiscal policy “, reported Colprensa.
Meanwhile, President Santos said that the principles remain basic fiscal responsibility.
“The diagnosis is very positive. We’ve had difficult times, but we could deal with a mix of appropriate policies and results are obvious, “Santos said in a statement of the Presidency.
And while the president stressed that the growth of Colombia’s economy is the best among the largest countries in Latin America, it is recalled that the IMF cut its forecast for growth in gross domestic product (GDP) in 2016 from 3 to 2.7 percent.
Finally, the IMF director Santos congratulated “for his unwavering commitment to the successful completion of the peace process, which would improve the investment climate and growth, especially in rural areas,” according to Efe.
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