Tax hikes could fund infastructure, peace measures: Colombia govt
Colombia’s latest budget proposal looks set to pay for education, infrastructure and...
Tag: Finance Minister
President Santos appoints first minister to Colombia govt after re-election
Colombia’s President Juan Manuel Santos appointed the first minister to his new cabinet...
Colombia ‘sets excellent example’ for increasing banking access: Dutch Queen
Queen Maxima of the Netherlands on Wednesday lauded Colombia as an excellent example of how to...
Financial sector resists adopting central bank rates
Colombia’s financial sector has resisted lowering mortgage rates in accordance with the central bank interest rate cut to 3.25%, the bank’s most recent cut in March. “The central bank has developed an...
Colombia’s economic performance praised by regional neighbors
Colombia’s handling of the global financial crisis has been praised by regional neighbors at the annual Inter-American Development Bank (IADB) forum in Panama City on Sunday. “Colombia has a record of achievement...
Colombia only has enough oil reserves for 8 more years: Finance Ministry
Colombia’s rapid rate of oil production led to an extremely lucrative 2012, but the country’s oil reserves can reportedly only sustain this pace for eight more years. In 2012, the state-owned oil giant, Ecopetrol,...
Gov’t will not negotiate with striking judicial branch: finance minister
Colombia’s government will not address the judicial branch while they are striking, said the finance minister on Friday. In response to judges striking Thursday and consequently halting Colombia’s justice...
Colombian finance minister plans to ban ‘invasive’ bank charges
Colombia’s finance minister has said he will put a stop to the “high” fees charged by banks for the provision of services, financial publication reported Tuesday. Finance Minister Juan Carlos Echeverry said...
Congressman condemns Citibank for unfair service charge to seniors
House Representative for Bogota Simon Gaviria has condemned Citibank for unfairly deducting $2.26 from senior citizens when they withdraw money from their state benefits, Caracol Radio reported Monday. According to Simon...
Colombia finance minister not ‘fond’ of using capital controls
Colombia Finance Minister Juan Carlos Echeverry said Tuesday the government doesn’t support the use of capital controls to halt gains in the peso, which has surged 5% against the dollar this month. “We’re not...
