Colombia’s finance minister proposed on Tuesday that the country would finance the reconstruction of economically devastated Venezuela if a new government is in place. Finance minister Mauricio Cardenas met with…
Colombia’s Finance Minister Mauricio Cardenas on Tuesday revised down economic growth forecasts for this year and 2018 as weak oil prices and lower consumer spending hamper the Andean nation. Cardenas told reporters that…
Ahead of presenting Colombia’s worst economic growth rate since the banking crisis, the country has prepared an economic strategy to “rebound” from the burst commodity bubble. For years, Colombia was able to present…
Colombia lowered its expected economic growth rate for 2016 on Tuesday, a day after the country’s statistics agency announced GDP growth had dropped to a level unseen since the 2009…
Two thirds of the 1,245 Colombians that appeared in The Panama Papers have evaded taxes by not reporting their foreign assets with Colombia’s tax agency, the finance minister and tax…
Spending cuts worth 6 trillion pesos ($1.8 billion) will likely be insufficient for Colombia to meet its 2016 fiscal goals, economists and investors say, arguing that more may be needed…
Colombia’s Prosecutor General’s Office said on Thursday it has opened preliminary investigations into the country’s finance minister for supposed irregularities in the recent $2 billion privatization of power generator Isagen.
Colombian Finance Minister Mauricio Cardenas cut the government’s oil price forecast, saying this could spell more austerity measures in order to meet the country’s fiscal deficit goal.
Colombia’s finance minister Mauricio Cardenas said on Friday the government was focused on cutting the country’s large current account deficit though he admitted that oil’s latest price fall could make…