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Price Impact: Covering the fiscal hole

Tuesday, May 5th, 2015 Category: Regulations & Policy
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Price Impact: Covering the fiscal hole

The government will see a dramatic drop of CoP$20T in income coming from the oil industry that will leave a mark on its budget for 2015. This drop represents two thirds of the CoP$30T it received from the oil industry in 2013. This and other stories on the impact of the fall of prices in our periodic summary.

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