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View Full Version : Colombia to Tap Oil, Coal Royalties to Build Overseas Fund - Bloomberg



NewsWhore
05-11-2011, 03:50 PM
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Colombia to Tap Oil, Coal Royalties to Build Overseas Fund (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGoYbmXNwMBWd7zr6hZGGE997OP0Q&url=http://www.bloomberg.com/news/2011-05-11/colombia-to-tap-oil-coal-royalties-to-build-overseas-fund-1-.html)
Bloomberg
As part of a slew of measures to prevent the currency from strengthening further, the government has held some dividends from state oil company Ecopetrol SA overseas and has reduced incentives for private companies to borrow abroad. ...

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