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Despite the rain this week, the environment minister announced an immediate $410 million USD relief fund to combat the effects of El Niño.

The central bank could hit Fedesarrollo's year-end estimate of 12.5% with cuts of 25 and 50 basis points in October and December, respectively.

For national unemployment, it is the lowest August since 2016. And for urban unemployment, it is the lowest August — EVER!

Colombia's Finance Ministry and the National Business Association of Colombia (ANDI) have spent weeks and months asking for rate cuts. Will they get what they want?

While we're seeing many headlines about the Colombian peso being the global top performer in 2023, this is mostly due to the sell off in the fourth quarter last year.

The Colombian peso moved towards 3,900 to the US dollar — and there appears little to suggest it will move it back towards the 4,200 level given current oil prices.

ANDI) and the Ministerio de Hacienda moved together on this plea — in what is hopefully the start of a more harmonious relationship.

As we could see from the BVC's Twitter account, the Asobolsa event in Cartagena was a day of soundbites and few ideas or solutions.

Many Colombians who — even after working tirelessly day after day — do not know what it is like to enjoy a pension, salary, paid vacation, or being eligible for a loan.

Colombia has the fourth highest percentage of people living in conditions of extreme poverty among Latin American countries studied by ECLAC.