Colombia Seeks $12 Billion With Tax Bill to Spend More, Cut Debt.

REJU1FDWX2PV (Bloomberg) -- Colombia needs to boost tax revenue to finance greater social spending while lowering the nation's high debt levels, according to incoming Finance Minister Jose Antonio Ocampo. Keywords: ALLTOP; BUSINESS; CMD; COS; ECOTOP; ELECT; GEN; GOV; GOVTOP; LATAM; LATTOP; LAW; MARKETS; NRG; OIL; POL; WORLD EN ALLTOP BUSINESS CMD COS ECOTOP ELECT GEN GOV GOVTOP LATAM LATTOP LAW MARKETS NRG OIL POL WORLD Colombia needs to boost tax revenue to finance greater social spending while lowering the nation's high debt levels, according to incoming Finance Minister Jose Antonio Ocampo. [Extracted from the article]