Colombia’s central bank on Tuesday drastically lowered the country’s projected growth rate and said the inflation rate target is not expected to be reached. The announcement is a slap in…
The government has no idea why unemployment in Colombia is rising or what to do about it, the country’s controversial finance minister admitted. In a press conference with the central…
Colombia’s finance ministry on Monday presented his $84 billion (COP271.7 trillion) budget proposal for 2020 with a reduced budget for investment and more budget for government. Finance Minister Alberto Carrasquilla’s…
The International Monetary Fund (IMF) lowered Colombia’s projected growth for 2019, but was more optimistic about growth in 2020. The IMF’s three months ago projected that the South American country’s…
Colombia’s President Ivan Duque arrived in China on Sunday where he highlighted his quest to boost exports and Chinese investment, avoiding any controversy over Venezuela. The president, accompanied by ministers…
Colombia’s President Ivan Duque will visit his counterpart Xi Jinping in China next week in an attempt to strengthen trade relations, his foreign minister said Monday. Duque will travel to…
Brazilian engineering firm Odebrecht has sued the Colombian state for a second time after authorities canceled pending contracts over the company’s criminal activity, according to weekly Semana. The report that…
Colombia’s largest hydroelectric dam was expected to be begin providing 17% of the country’s electricity in November, but a series of irregularities has cost the treasury more than $1.2 billion…
Colombia’s finance minister published a draft decree in which he outlined the terms of a pending sale of assets with which the government hopes to increase its revenue, according to…