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Following Standard and Poor’s by two months, Moody's has raised Colombia's credit rating to the important investment grade level...Baaa3...the same as Brasil, Peru and Panama...with an outlook of "stable."
Moody's stated : “Security concerns, historically a major issue for Colombia, have not disappeared, but have been waning after several major government wins against domestic guerrilla groups."
Colombia has reduced the homicide rate by almost half since 2002.
