Colombia has made its largest repayment of domestic debt, a total of $6.1 billion, the country’s finance minister said Wednesday. According to Caracol Radio, Minister Juan Carlos Echeverry said this…
Colombia’s foreign debt, measured in relation to economic output, climbed in February compared with the same month a year earlier fueled by a surge in foreign debt taken on by…
Authorities have ordered the seizure of assets belonging to the former Antioquia governor among other officials, for their decision to refinance the indebted Antioquia Livestock Fund, reported El Colombiano on…
Venezuela has paid less than a quarter of its debt to Colombian businesses, reported Venezuelan newspaper El Universal Sunday. According to the opposition newspaper, Venezuela owes Colombian businesses a total…
The Colombian government’s fiscal gap will likely fall below 3% of GDP in 2011 due to higher than expected tax revenue, stated Finance Minister Juan Carlos Echeverry in a Friday…
Colombian stocks were posting strong gains Thursday morning, lifted by renewed optimism on the country’s economic outlook after Standard & Poor’s rating agency improved Colombia’s debt rating to investment-grade. Colombia’s…
Colombia’s consolidated public sector deficit, which includes regional governments and state-owned firms, closed 2010 at 3% of gross domestic production, Finance Minister Juan Carlos Echeverry said Wednesday. The figure is…
Venezuela has paid over 50% of the $800 million debt it owes to Colombian exporters, according to Colombia’s ambassador in Caracas Jose Fernando Bautista, reports Dinero. “The payment has been…
Business association Fenalco expects little from a meeting between the Colombian and Venezuelan foreign ministers regarding the payment of Venezuelan debt to Colombian exporters. Exporters are more positive. While Venezuela…