September 28th, 2014
12:48 PM ET

Colombia's president on his country's economy

Fareed speaks with Colombian President Juan Manuel Santos about the state of his country’s economy. Watch the full interview this Sunday at 1 p.m. ET on CNN.

I was in Colombia last year and I was struck by how these war-ravaged and drug-ravaged cities, at least the ones that I had heard of as such, were booming. I mean, your economy is now leading the pack in Latin America?

Well, we are, yes, the country that is growing the fastest. This first half of this year we were the third in the world, the first of Latin America, but the third in the world after China…

The third fastest growing economy in the world?

Yes, after China and Indonesia. But not only that – growth by itself doesn't mean anything. We grow to give the people a better life. And we have been able to reduce poverty by almost 10 percentage points, which is unprecedented. And extreme poverty by almost six. And we have been able to create employment, formal employment, much more than any other country in Latin America. And that has allowed us to be a little less unequal.

 

But we have a long way to go still. But the economy, thank God, is in good shape.

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soundoff (114 Responses)
  1. chri§§y

    Lol you mean the multi personality one SHEs talking about? Yes hes one of them so is stuart, Zandie and a whole slew of other names.

    September 28, 2014 at 9:50 pm |
  2. Philip

    Where would South America's economy be without Hugo Cave/Venezuela/CITGO purchasing so much S. American debt?
    Where would India be without the ENRON corporation absconding with over 100 billion US dollars and using stolen funds to build up India's power generation infrastructure?
    Where would Americans be without so many drugs? Not to mention biker meth, lazy men fraudulently claiming to be disabled and crack ho welfare moms of Chicago.

    September 28, 2014 at 9:53 pm |
    • Philip

      *Hugo Chavez, rather.

      September 28, 2014 at 9:54 pm |
    • Mel

      Don't talk about your mom that way. She can't help that she's a crack ho on welfare. Get out of her basement and maybe get a job instead of pimping her out.

      September 28, 2014 at 10:19 pm |
  3. chri§§y

    Is that what happened to you @ philip?? I mean is that what make you stupid enough to call us stupid all the time.

    September 28, 2014 at 9:53 pm |
    • Philip

      I'm not calling US stupid, Chrissy. The National Adult Literacy Survey is.

      September 28, 2014 at 9:56 pm |
      • Philip

        I'm not the only one, rather. Analysis of US adult literacy makes it clear: Americans are getting fatter and stupider each year. A statistic, not a personal opinion.

        September 28, 2014 at 9:58 pm |
      • Mel

        The National Adult Literacy Survey measures weight?

        September 28, 2014 at 10:21 pm |
  4. rupert

    Chrissy likes cow p iss

    September 28, 2014 at 9:54 pm |
    • Mizzy

      Chrissy needs a p ussy bang

      September 28, 2014 at 9:58 pm |
    • Mel

      You two deserve each other. You are both degenerate.

      September 28, 2014 at 10:22 pm |
      • Mizzy

        You like d ikx not p ussies? You are a f a gg?

        September 28, 2014 at 10:37 pm |
      • Mel

        You drink cow piss and like getting gang banged? Wut?

        September 28, 2014 at 10:45 pm |
      • Mizzy

        Hindoos do that. Drinking cow pi ss and gang r@ping. I phuck specimens like you two at a time.

        September 28, 2014 at 11:22 pm |
  5. Mizzy

    Food poisoning? Occasional Diarrhea? Runs? Bloating?

    Folks, think thrice before eating in an Indian restaurant. Watch the cooks in the kitchen scratching their balls and fingering their a ss and then handling food without washing hands. Poisoned food is a speciality

    September 28, 2014 at 9:54 pm |
  6. Mizzy

    Mother's milk is to Colombian babies what r@pes and terrorism is to hinddoous

    September 28, 2014 at 9:56 pm |
    • Philip

      Is that why American women burned their bras? To allow babies easier access to suckle? Or for nefarious reasons.

      September 28, 2014 at 10:02 pm |
      • Mel

        Wut?!?

        September 28, 2014 at 10:23 pm |
  7. Bigwilliestyles

    I guess the 'Global' Public Square doesn't extend to Hong Kong.

    September 29, 2014 at 12:25 am |
  8. Chucky

    200 tons of drugs from Afghanistan are being shipped daily via India to USA and the western countries. Donkeys carry the drugs from fields to waiting airplanes. India has C130 aircrafts employed for the drug trade.

    Recall Afghanistan is under American control. Ironic isn't it?

    September 29, 2014 at 9:34 am |
    • Zhao Deng

      In 19th century most of India was under opium cultivation. The opium was then shipped to China and Myanmar. The English masters taught Indians well. Most civilizations ultimately gravitate to what they do best. In this case drug trade. Mother India, Bravo.

      September 29, 2014 at 9:49 am |
  9. chri§§y

    Lol @ Philip...they did it so they wouldnt have to have things like you telling them what to do and when to do it! How do you like us now? Lol

    September 29, 2014 at 9:45 pm |
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