Month

"I don't have the slightest doubt that the worst has already passed," said Cárdenas while predicting better economic growth this year than the 2.0% seen in 2016.

The February rate is down from 5.47% in January — and a marked decrease from the 8.97% seen in July 2017.

GeoPark's initial tests at its new Jacana 11 appraisal well revealed a production rate of some 2,100 barrels of oil per day.

Replacing César Vallejo, the respected economist Ocampo will be one of the seven board members to vote during the next Banco de la República meeting in March.

Hilton has partnered with Constructora Colpatria on a 25-story, 206-room development that is scheduled to open in mid-2019.