Colombia govt program combats informal economy
More than half of Colombia’s economy is informal which leaves the majority of workers untaxed and without pensions — a government-sponsored program is fighting back by training workers, investing in…
More than half of Colombia’s economy is informal which leaves the majority of workers untaxed and without pensions — a government-sponsored program is fighting back by training workers, investing in…
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…
Heat waves scorched 500 acres of land this week, raising fears of more severe heat in February. Cesar Urena, Director of Red Cross Colombia, told local media that municipalities in nine…
Colombia’s low rate of inflation prompted predictions that the country will continue slashing interest rates, maybe even to the lowest in all of Latin America. The country’s central bank…
The World Bank on Thursday approved a $150 million loan for Sustainable Urban Development in Colombia. The money, according to a World Bank press release, will “improve the quality of…
The World Bank on Wednesday announced it will loan Colombia $200 million in recognition of good fiscal management. The World Bank Board of Directors approved a loan of $200 million…
The Colombian government is doing everything it can in the short term to combat income inequality and labor informality, said the World Bank. The administration of President Juan Manuel Santos…
Colombia’s competitiveness rating has declined despite a rising GDP, according to experts. A recent report from the Private Competitiveness Council (CPC), a non-profit organization that analyzes the economic challenges facing…
Colombia has dropped one place in it’s “Doing Business” ranking out of a total of 183 Countries, now settling behind Chile and Peru, according to the World Bank. The Doing…