3 key factors in Colombia’s 2015 economy
Colombia’s economy will face an uncertain and challenging 2015, but is widely expected to continue its heartening development.
Colombia’s economy will face an uncertain and challenging 2015, but is widely expected to continue its heartening development.
Colombia ranks 34 in the economic freedom index of US newspaper The Wall Street Journal and conservative think tank The Heritage Foundation.
Colombia’s peso is one of the world’s worst performers against the American dollar as 2015 commences. The consequences of this are varied and difficult to predict.
Colombia might increase foreign debt to combat decreased revenue from crude oil which has seen plummeting prices over the past months, said the country’s finance minister.
Colombia’s minimum wage will be increased by 4.6%, or $12, to $265 a month in 2015, the government announced to the disappointment of labor unions who claim the hike is a mere…
Colombia’s currency is tumbling against the value of the dollar, descending to over 2,400 pesos on Friday. While all oil exporting countries have been hit by falling oil prices, the peso has…
A recently proposed tax reform in Colombia that includes a controversial wealth tax received approval by the International Monetary Fund.
Colombia lowered its GDP growth goal for 2015 due to recent declines in oil prices and anticipated lack of foreign investment.
A recent study shows that 10% of Colombian families live on less than $1.25 per day.