News (Media Awareness Project) - Colombia: Colombia Counts Drug Income In Official Data |
| Title: | Colombia: Colombia Counts Drug Income In Official Data |
| Published On: | 1999-06-27 |
| Source: | Orange County Register (CA) |
| Fetched On: | 2008-09-06 03:11:49 |
COLOMBIA COUNTS DRUG INCOME IN OFFICIAL DATA
Taking a step that is generating heated criticism in Washington, the
Colombian government has begun to include income earned from growing illegal
drugs in the way it calculates the size of the nation's economy.
The move is controversial but necessary, Colombian officials say, to take
account of the increasingly uncontrollable reality of the drug trade, which
by obviously imprecise assessments could amount to between one-quarter and
one-third of Colombia's legal exports, or as much as $4 billion a year.
Taking a step that is generating heated criticism in Washington, the
Colombian government has begun to include income earned from growing illegal
drugs in the way it calculates the size of the nation's economy.
The move is controversial but necessary, Colombian officials say, to take
account of the increasingly uncontrollable reality of the drug trade, which
by obviously imprecise assessments could amount to between one-quarter and
one-third of Colombia's legal exports, or as much as $4 billion a year.
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