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Liberal economist becomes Colombia’s new finance minister in Petros’ leftist government

RIO DE JANEIRO, BRAZIL - Colombian President-elect Gustavo Petro has appointed José Antonio Ocampo as finance minister. This should help ease the concerns of investors who have been bracing for unpredictable economic policies under the country's first leftist government.

The 69-year-old Ocampo is one of Colombia's best-known economists and has co-authored books with Nobel laureate Joseph Stiglitz. He has advocated a more "active" use of the exchange rate and supported a tax on commodity exports.

He served as finance minister in the 1990s and has also been agriculture minister and head of the National . . .

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