Colombia Reports

Colombia news, sports, culture and travel

Sunday, Feb 12th

Last update:01:51:44 AM GMT

You are here: News Economy Colombia sees 2009 FDI at US$9 billion, down from '08

Colombia sees 2009 FDI at US$9 billion, down from '08

Colombia news - dollars

Colombia's foreign direct investment will reach $9 billion in full-year 2009, down from 2008, Finance Minister Oscar Zuluaga said on Tuesday.

Foreign direct investment was about $10.5 billion last year. Since then Colombia's economy has been hit by fallout from the world financial crisis.

The government expects economic grown this year of about 0.5 percent compared with 2.5 percent in 2008. (Reuters)