Colombian ex-finance minister runs for World Bank presidency
Former Colombian finance minister Jose Antonio Ocampo declared his candidacy for presidency of the World Bank Wednesday, one of only two non-U.S. candidates to run this year. In an email…
Former Colombian finance minister Jose Antonio Ocampo declared his candidacy for presidency of the World Bank Wednesday, one of only two non-U.S. candidates to run this year. In an email…
The World Bank has named Colombia as one of the countries which has created a buffer against a global recession, according to Bloomberg. The World Bank made the proclamation in…
The Colombian peso has fallen to a five-month low as demand for assets from emerging markets is weakened by the debt crisis in Greece, Bloomberg reported Monday. One dollar was…
Colombia raised its official holdings of gold for the first time since March 1998. (Reuters) Colombia added 2.3 tonnes to bring its reserves to 9.14 tonnes in July, according to…
Colombia is prepared to confront the current economic crisis facing international markets, said the country’s finance minister on W Radio. Finance Minister Juan Carlos Echeverry said “It would be an…
Colombia’s Prosecutor General Viviane Morales said that money laundering accounts for 3% of the country’s GDP, or $8 billion, reported local media Thursday. “The Unity of Colombian Financial Information and…
The IMF claimed Sunday that Colombia’s minimum wage is too high and not creating new employment. The agency said that the minimum wage is a factor in unemployment and informal…
The International Monetary Fund raises Colombia’s growth forecast for the economy to 5% from a previous 4.6%, business newspaper Portafolio reported Friday. In addition, the Gross Domestic Product (GDP) of…
The International Monetary Fund (IMF) predicts strong overall economic growth for Colombia in 2011, to be surpassed only by that of Peru and Chile, according to a report released Friday.…