Colombia’s finance ministry on Tuesday expressed fears that the amount of goods smuggled from neighboring Venezuela will increase after the Venezuelan government vowed to drastically devalue its currency. “We cannot…
Colombia’s finance minister welcomes news that the dollar rose against the peso Monday, citing a package of measures that the Colombian government instigated to curb the strengthening the peso, local…
Colombia’s central bank on Monday again cut interest rates after board members came to the conclusion that the economy was growing below its potential. The central bank voted in favor…
As the Colombian central bank convened on Monday to discuss possible measures for controlling a strengthening peso and boosting economic growth, the country’s finance minister said that capital controls on…
While taking part in the World Economic Forum (WEF) in Switzerland, Colombia’s finance minister on Friday confirmed that the president of the World Bank will visit Colombia in mid-2013. Finance…
Colombia’s finance minister on Wednesday criticized protectionism and an international currency war at the World Economic Forum in Davos, Switzerland. “There is great political pressure on governments to be protectionist…
With Colombia’s GDP growth expected to strike 4.8% this year, concerns still hang over the head of the South American country’s economy. “The Colombian economy is emerging as one of…
Colombia’s economic success is not dependent on the outcome of the ongoing FARC-government peace negotiations, said the country’s finance minister, Mauricio Cardenas, on Friday. “The economy is going very well…
Colombia finished 2012 with the highest amount of foreign currency reserves in the country’s history. According to data from Banco de la Republica, the country’s central bank, at the end…