President Ivan Duque is planning a second push to restart Colombia’s economy, this time allowing the reactivation of normal economic activity in regions where the virus hasn’t spread. A first…
Colombia’s construction and manufacturing sectors restarted some activity on Monday amid fierce resistance from the opposition, which claimed this meant “sending workers to the slaugherhouse.” The plan of President Ivan…
Think tank Fedesarollo on Wednesday projected that Colombia’s economy would contract between 2.7% and 7.9%, the worst slump in recorded history, this year. The think tank was even more pessimistic…
Colombia’s health minister confirmed on Thursday that the government plans to lift quarantine measures for “certain sectors of the economy” while maintaining a general lockdown. In a virtual session with…
Colombia’s notoriously optimistic finance minister said Sunday that his country is facing “the worst year in the economic history of the country.” In an interview with newspaper El Espectador, Finance…
Colombia’s Finance Minister Alberto Carrasquilla said Tuesday he had requested the International Monetary Fund (IMF) to extend a $11 billion loan to confront the coronavirus pandemic. The announcement came days…
Bogota, Colombia’s capital and the country’s coronavirus epicenter, may extend an ongoing quarantine by another three months, Mayor Claudia Lopez said Monday. In a television interview, the mayor said “Bogota…
President Ivan Duque called on the “solidarity” of Colombia’s financial sector on Sunday to help minimize the incalculable damage of the coronavirus pandemic on the country’s economy. The president’s call…
Colombia’s economy is being dealt an unprecedented blow by the coincidental drop in global oil prices and a pandemic. Calculating the cost is almost impossible. What is certain is that…