Xinhua world economic news summary at 0900 GMT, Dec. 6

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BOGOTA -- Colombia's National Administrative Department of Statistics (DANE) reported on Saturday that the Consumer Price Index (CPI) registered a decline of 0.15 percent in November compared to the previous month, while the annual variation of the CPI was 1.49 percent.

"In November 2020, the annual variation of the CPI was 1.49 percent, that is, 2.35 percentage points lower than what was reported in the same period of the previous year, when it was 3.84 percent," the agency said in a statement. (Colombia-Inflation)

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JOHANNESBURG -- The African Continental Free Trade Area (AfCFTA) Agreement signaled a new era of progress, African Union (AU) Chairperson Cyril Ramaphosa said on Saturday.

"The commencement of trading under the AfCFTA on the 1st of January is one of the most significant milestones in the continental integration project," he said when speaking at the 13th Extraordinary AU Summit in which leaders gathered virtually to discuss the AfCFTA and conflicts among other issues. (South Africa-AfCFTA)

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DAR ES SALAAM -- Tanzanian Prime Minister Kassim Majaliwa on Saturday directed the Ministry of Agriculture to work hard towards the improvement of horticulture production in the country.

"Improved horticulture production will help the country to enhance its economic growth," Majaliwa said when he addressed the Regional Horticultural Trade and Investment Forum in the commercial capital Dar es Salaam. (Tanzania-Horticulture)

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LA PAZ -- The Bolivian government has ruled out the possibility of re-entering a rigid quarantine if a second wave of COVID-19 infections occurs, in a bid to avoid damaging economic recovery.

Minister of Economy Marcelo Montenegro said earlier this month that the government is working on a series of strategies to face another potential outbreak of COVID-19, without measures that would harm economic recovery. (Bolivia-COVID-19) Enditem

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