Posted by Toni Peters | Sep 13, 2011 | Economy
Colombia’s congress approved the national budget for 2012 at $91.2 billion (COP 165.3 trillion) despite protests from a senator that there had not been sufficient debate. The Finance Ministry said the budget was to reduce...
Read MorePosted by Toni Peters | Sep 13, 2011 | Economy
The director of Colombia’s National Hydrocarbons Agency – ANH – resigned Tuesday after eight years at the helm. It has been said that Armando Zamora handed in his resignation in a letter sent directly to...
Read MorePosted by Toni Peters | Sep 13, 2011 | Economy
Colombian women work on average an hour and a half more per day than Colombian men according to a report by the national statistics agency DANE. The report showed that the average number of hours a day worked by women is 10.3...
Read MorePosted by Toni Peters | Sep 12, 2011 | Economy
Latin American countries could be trading without using U.S. dollars by next year according to Brazil’s Development, Industry and Foreign Trade Minister. Financial publication Portafolio reported that Fernando Pimentel,...
Read MorePosted by Toni Peters | Sep 12, 2011 | Economy
The Colombian government proposed the idea of reclassifying exports as part of the strategy to triple non-traditional exports within 10 years, financial publication Portafolio reported Monday. “The Colombian government is...
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