Colombia finance ministry says 2011 deficit target at 4.1% of GDP
Colombia set its fiscal deficit target for 2011 at 4.1% of gross domestic product as higher tax revenue should help offset added spending to deal with massive floods that have…
Colombia set its fiscal deficit target for 2011 at 4.1% of gross domestic product as higher tax revenue should help offset added spending to deal with massive floods that have…
The Ministries of Finance and Mining have sent a letter to Congress urging it to approve President Santos’ decree proposing the sale of 10% of state-owned oil company Ecopetrol. The profits…
Colombia’s central government posted a deficit equivalent to 0.8% of gross domestic product in the first half of the year, unchanged from the same period in 2009. The government calculates…
. Colombia won’t announce any steps to ease gains in the currency following a meeting today involving President Juan Manuel Santos, the central bank’s board, Finance Ministry officials and government…
Colombia will seek to issue as much as $500 million in foreign bonds by June to help finance this year’s budget deficit, Patricia Moreno, the finance ministry’s head of external…
Colombia will postpone some public spending to guarantee “fiscal sustainability” as congressional and presidential elections approach, a statement from the finance ministry said on Tuesday. Congressional elections are scheduled for…
Colombia’s national government announced Thursday the increase in 3.64 percent to the country’s minimum wage from 2010 bringing the basic pay figure to COP514,987 (US$252). The increase in basic pay,…