Back

LatinNews Daily - 22 March 2019

In brief: Colombia

* Colombia’s national federation of coffee growers (FNC) has welcomed the government’s decision to invest Col$155bn (US$50m) to stimulate the country’s coffee sector. According to the FNC, President Iván Duque’s government has committed to a further Col$60bn, after first announcing the allocation of Col$95bn (US$30m). The use of these resources is still to be determined, with the FNC saying they could be destined to the renovation of coffee plantations and to price-assistance programmes. Colombia’s coffee sector has been going through a crisis as a direct result of a global fall in coffee prices, which affects 500,000 coffee-growing families across the country, according to the FNC.

End of preview - This article contains approximately 110 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.