Colombia’s Congress sunk the government’s budget finance bill, which sought to close a $2.8 billion budget gap. The congressional economy commissions voted to discard the bill weeks after voting against…
Colombia’s Senate voted to dramatically increase the budgets of regional authorities ahead of a debate to decentralize government. The bill, which has yet to be approved by the House of…
Colombia’s transport sector leaders asked truckers to resume work after the government agreed to compromise on fuel price hikes. The government agreed to revoke the $0.26/gallon price hike that triggered…
Truckers have begun blocking some of Colombia’s major highways in an attempt to halt government plans to remove subsidies on gasoline. In a statement, the Ombudsman’s Office said that the…
Colombia’s banking sector agreed to invest $13.6 billion in sectors that are expected to grow the economy, President Gustavo Petro said Tuesday. The agreement came after a series of meetings…
Poverty in Colombia dropped 6.7 percentage points to 33% of the population between 2021 and 2023, according to statistics agency DANE. This means that last year some 15.8 million people…
The multinational Zijin Mining Group sued Colombia over alleged failures to protect its mining interests from violence by paramilitary group EGC. The lawsuit was filed before the World Bank’s International…
Ecopetrol and Colombia’s security forces have agreed to coordinate efforts to fight oil theft, which allegedly cost the state-run oil company $936 million (COP3.6 trillion) since 2019. According to Ecopetrol,…
Some 4.5 million people in Colombia face severe levels of acute food insecurity, according to the Global Report on Food Crises. The majority of these people were migrants, said the…