BMI Research: Latin America Monitor: Andean Group Monitor: Still Liking The Fiscal Story.

The article offers the forecast by Business Monitor International Ltd. (BMI) on economic condition in Colombia in 2011. BMI discusses the expected fiscal deficit-to-gross domestic product (GDP) ratio as -3.6% and narrowing to -3.1% in 2012. BMI highlights the positive impact of fiscal restraint initiatives by President Juan Manuel Santos to fiscal balance which include developing legislation , increasing production of oil to 1.15 million barrels per day (b/d), and controlling government debt.