Renowned economist Jose Antonio Ocampo agreed to become the Finance Minister of Colombia’s President-elect Gustavo Petro. The president-elect announced the appointment of Ocampo on Twitter on Wednesday. The economist was…
Colombia’s controversial finance minister will resign after mass protests forced President Ivan Duque to withdraw the government’s latest reform proposal, according to local media. According to Blu Radio, which is…
Colombia’s government seeks an increase in tax revenue of at least $10B to finance its budget and help the poor to overcome the economic crisis caused by the coronavirus pandemic.…
Colombia’s government is developing a five-year plan to recover from the economic recession caused by the coronavirus pandemic. According to newspaper El Espectador, the Finance Ministry and the National Planning…
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…
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…
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…
Colombia’s President-elect Ivan Duque on Wednesday reappointed the controversial former finance minister of his political patron, former President Alvaro Uribe. Incoming Finance Minister Alberto Carrasquilla is an economist and investment…
The Colombian government sent a tax bill to Congress with which it will raise taxes on the rich in order to close the fiscal gap for the 2015 national budget, decrease inequality…