U.S Treasury’s Lew says Colombia peace deal to boost investment, unlock new aidBOGOTA (Reuters) - Colombia’s peace deal with the Marxist FARC rebel group will bring more investment to the country, backed partly by new donor aid and loans from multilateral development banks, U.S. Treasury Secretary Jack Lew and his Colombian counterpart said on Wednesday.     Lew told a news conference in Bogota that the peace accord, signed on Monday and set to be voted on by the Colombian people on Sunday, would add to the confidence of foreign investors in Colombia. The 52-year war killed 220,000 people and left millions displaced.     “Implementing the agreement, showing that Colombia has a stable future, I think will make Colombia a more attractive place for foreign investment,” Lew said after meeting with Colombian Finance Minister Mauricio Cardenas and President Juan Manuel Santos.      He said Santos’ government already had an “excellent reputation” among foreign investors for sound management of fiscal policy and pursuit of economic reforms, despite major challenges from low oil prices. Cardenas said the peace accord would attract both domestic and foreign investment and spur new spending on infrastructure and schools in former conflict areas. He declined to specify amounts but previously estimated that peace with FARC could boost Colombia’s economic growth by 1 percentage point annually.      “It will be at the initial stages, more tourism. That’s one of the areas we think the agreement will have the most direct and immediate impact,” Cardenas said. “We will be able also to secure additional funding through cooperation, donors and lending by multilaterals to support expenditures and investments in the rural communities where the conflict was most acute.”     Former FARC fighters are already making plans for eco-tourism ventures and cheesemaking operations in vast jungles largely untouched for decades. The peace deal gives FARC a voice in Colombia’s political process. Cardenas said that put the group “in the competition for ideas” but would not alter the center-right government’s economic reform plan, “which thinks that one of the pillars of the success of any country is having low inflation, low fiscal deficit, low debt, and at the same time having a progressive agenda.”          Lew said the United States was still committed to providing bilateral aid to Colombia and that he and Cardenas discussed opportunities to gain support from multilateral institutions such as the International Monetary Fund, World Bank and Inter-American Development Bank. politicsNews
treasury new says colombia peace deal boost investment unlock new aidbogota reuters colombia peace deal marxists far rebel group bring investment country backed partly new donor aid loans multilateral development banks treasury secretary jack new colombia counterpart said wednesday new told news conference boot peace accord signed monday set voted colombia people sunday would add confidence foreign investors colombia the war killed people left millions displaced implementing agreement showing colombia stable future i think make colombia attractive place foreign investment new said meeting colombia finance minister maurice gardens president juan manuel santos he said santos government already excellent reputation among foreign investors sound management fiscal policy pursuit economic reforms despite major challenges low oil prices gardens said peace accord would attract domestic foreign investment spur new spending infrastructure schools former conflict areas he declined specify amounts previously estimated peace far could boost colombia economic growth percentage point annually it initial stages tourism that one areas think agreement direct immediate impact gardens said we able also secure additional funding cooperation donors lending multilateral support expenditures investments rural communities conflict former far fighters already making plans ventures cheesemaking operations vast jungles largely untouched decades the peace deal gives far voice colombia political process gardens said put group competition ideas would alter government economic reform plan thinks one pillars success country low inflation low fiscal deficit low debt time progressive new said united states still committed providing bilateral aid colombia gardens discussed opportunities gain support multilateral institutions international monetary fund world bank development bank politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: U.S Treasury’s Lew says Colombia peace deal to boost investment, unlock new aidBOGOTA (Reuters) - Colombia’s peace deal with the Marxist FARC rebel group will bring more investment to the country, backed partly by new donor aid and loans from multilateral development banks, U.S. Treasury Secretary Jack Lew and his Colombian counterpart said on Wednesday.     Lew told a news conference in Bogota that the peace accord, signed on Monday and set to be voted on by the Colombian people on Sunday, would add to the confidence of foreign investors in Colombia. The 52-year war killed 220,000 people and left millions displaced.     “Implementing the agreement, showing that Colombia has a stable future, I think will make Colombia a more attractive place for foreign investment,” Lew said after meeting with Colombian Finance Minister Mauricio Cardenas and President Juan Manuel Santos.      He said Santos’ government already had an “excellent reputation” among foreign investors for sound management of fiscal policy and pursuit of economic reforms, despite major challenges from low oil prices. Cardenas said the peace accord would attract both domestic and foreign investment and spur new spending on infrastructure and schools in former conflict areas. He declined to specify amounts but previously estimated that peace with FARC could boost Colombia’s economic growth by 1 percentage point annually.      “It will be at the initial stages, more tourism. That’s one of the areas we think the agreement will have the most direct and immediate impact,” Cardenas said. “We will be able also to secure additional funding through cooperation, donors and lending by multilaterals to support expenditures and investments in the rural communities where the conflict was most acute.”     Former FARC fighters are already making plans for eco-tourism ventures and cheesemaking operations in vast jungles largely untouched for decades. The peace deal gives FARC a voice in Colombia’s political process. Cardenas said that put the group “in the competition for ideas” but would not alter the center-right government’s economic reform plan, “which thinks that one of the pillars of the success of any country is having low inflation, low fiscal deficit, low debt, and at the same time having a progressive agenda.”          Lew said the United States was still committed to providing bilateral aid to Colombia and that he and Cardenas discussed opportunities to gain support from multilateral institutions such as the International Monetary Fund, World Bank and Inter-American Development Bank. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: treasury new says colombia peace deal boost investment unlock new aidbogota reuters colombia peace deal marxists far rebel group bring investment country backed partly new donor aid loans multilateral development banks treasury secretary jack new colombia counterpart said wednesday new told news conference boot peace accord signed monday set voted colombia people sunday would add confidence foreign investors colombia the war killed people left millions displaced implementing agreement showing colombia stable future i think make colombia attractive place foreign investment new said meeting colombia finance minister maurice gardens president juan manuel santos he said santos government already excellent reputation among foreign investors sound management fiscal policy pursuit economic reforms despite major challenges low oil prices gardens said peace accord would attract domestic foreign investment spur new spending infrastructure schools former conflict areas he declined specify amounts previously estimated peace far could boost colombia economic growth percentage point annually it initial stages tourism that one areas think agreement direct immediate impact gardens said we able also secure additional funding cooperation donors lending multilateral support expenditures investments rural communities conflict former far fighters already making plans ventures cheesemaking operations vast jungles largely untouched decades the peace deal gives far voice colombia political process gardens said put group competition ideas would alter government economic reform plan thinks one pillars success country low inflation low fiscal deficit low debt time progressive new said united states still committed providing bilateral aid colombia gardens discussed opportunities gain support multilateral institutions international monetary fund world bank development bank politicsnews