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colombia oil production outlook remains bright
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http://store.businessmonitor.com/article/491643



-- Edited by admin on Wednesday 29th of August 2012 02:03:32 PM

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Outlook Remains Bright For Balance Of Payments

Colombia - Balance of Payments - Jul 07 2011

BMI View: Colombia's Q111 balance of payments picture affirms our view that the current account deficit will continue to narrow through strong oil-led export performance. Meanwhile, surging capital inflows into the country should allow the financial account surplus to comfortably cover the current account deficit.

Colombia's current account deficit looks set to continue narrowing on the basis of strong exports, largely from increasing oil exports and to a lesser extent, coal and coffee. As such we forecast a current account deficit of 2.42% by year-end, shrinking to 2.22% in 2012. In line with our core view that investment will be a key driver of growth in the country in the coming years, investment inflows into the country approached record highs, and should continue to comfortably cover the structural current account deficit in the medium term.

...

Ramping Up Production

Colombia - Oil Production, 000's bbl/day



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wilfried Ellmer, manager, expat, latin america, colombia, business development, advisor, consultant, portal, german, english, spanish, colombia business development key player network, colombia foreign investment, colombia subsidiary opening, real estate, marine services, tourism, chamber of commerce, business partnering, industrial asset management, CIVETS investment, joint venture, oil, gas, mining, infrastructure, services, outsourcing, barges, ship repair, shipyard services, marine services, development, colombia resident manager, colombia european expat manager, country manager, portal industrial cartagena, internet, seo, search engine marketing, industry, logistics integration, management, projects, headhunting, project setup, executive search, your man in colombia, colombia business development expert, fulltime, parttime, freelance, consulting, available for projects now, logistics, support, setup, WILFRIED ELLMER ASESORIAS Y SERVICIOS S A S, info@tolimared.com

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