Colombia’s domestic economy has endured three consecutive years of slowdown, stemming from the fall in international commodity prices registered in 2014. This has had a major impact on the economic policy of the government led by President Juan Manuel Santos, which has been struggling to stimulate economic activity while maintaining fiscal responsibility. The short-term prospects of Colombia’s economic situation radically improving are improbable. Yet President Santos insists there is room for optimism – that economic circumstances will soon improve and a significant economic rebound will take place in the second half of the year. Bringing about this rebound is now a key economic priority for Santos. End of preview - This article contains approximately 808 words.
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