World Bank Aids Colombia's Financial Sector

The

earmarked $300 million to strengthen the financial and capital markets sector in Colombia. Colombian Minister of Finance Oscar Ivan Zuluaga said the loan is important to the country as it will not only support economic reforms but also encourage savings, investment and financing.

About the author

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    Eliza Villarino

    Eliza Villarino is an associate editor for Devex and leads the company's news team in Manila. She played a critical role in conceptualizing the Development Newswire. Prior to joining Devex in 2004, she has already published articles and news briefs for Internet media organizations and for the Institute for Ethics and Economic Policy at Fordham University in New York. She earned her bachelor's in political science and master's in public affairs from the University of the Philippines. Eliza is a member of Mensa Philippines.