Colombia sees oil slump threatening 2015 growth, spending

sábado 6 de diciembre de 2014 12:59 GYT
 

Dec 6 (Reuters) - Colombia's government will trim its estimate for a 4.8 percent economic expansion in 2015 because of falling oil prices and might also be forced to limit public spending, the country's finance minister told Reuters on Saturday.

Oil makes up nearly 6 percent of Colombia's gross domestic product. Prices have dropped about 40 percent since June.

"We will surely have to reduce the 4.8 percent we have right now a bit, because clearly the price scenario for oil is lower," Mauricio Cardenas said in an interview on the sidelines of a regional IMF gathering in Santiago. (Reporting By Felipe Iturrieta; editing by Susan Thomas)