Question

In two to three sentences, explain the current state of Columbia's economy. Explain the factors that have resulted in this state.

Answer 1

Answer: The economy of the situation in Colombia remains difficult.

Explanation:

The result is political instability in the country itself. Namely, the government has been fighting guerrilla groups across the country for decades. The largest guerrilla group of the year in 2016 decided to lay down their weapons after agreeing with the government. The same group received about ten parliamentary seats. In the meantime, the influence of foreign companies, primarily US companies, has grown.

Guerrilla groups want to reduce external economic impact and charge imports, which creates disagreements among government officials. The people are also angry because the members of these groups committed crimes, and many went unpunished. The complicated political situation also affected the economic situation in the country, which is again on the brink of collapse.