Finance Chief Touts Colombia GDP Boost Most Economists Can’t See

Colombia’s 2018 tax reform will boost economic growth by more than one full percentage point, and return the country to the growth rates it hasn’t seen since the oil and mining boom ended five years ago, according to Finance Minister Alberto Carrasquilla.

According to most other analysts, its impact on growth this year and in 2020 will be modest or nonexistent.

“The economy is rebounding,” Carrasquilla said June 11, at a conference organized by Moody’s Investors Service in Bogota. “These rebounds generate confusion, and people tend to underestimate them.”

The Colombian central bank, the International Monetary Fund, the World ...