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Emerging MarketsEM LatAm

Ex-Colombia finance minister warns of hard years for EM amid financing squeeze

Mauricio Cardenas Santamaria, Finance Minister, Colombia, Government, LatAm

Mauricio Cárdenas, Colombia’s finance minister in 2012-18, has told GlobalCapital that emerging market nations would struggle to raise the financing required to fund measures to treat the Covid-19 pandemic and consequent economic slump. “Difficult years are coming” for EM, warned the former official.

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