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Category

//Economy
Stacks of coins representing economic growth
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IMF Raises Forecast for Latin America and Caribbean GDP Growth to 1.9% for 2023

While Colombia was not included in the IMF's mid-year reassessment, the organization in April projected the nation's economy to grow by 1.0% in 2023 and 1.9% in 2024.
Posted On July 25, 2023
, By Jared Wade
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: A Slow Week in Colombia? Famous Last Words

Congress is back (collective groan), and the word "reform" is set to dominate the agenda between now and the arrival of Father Christmas.
Posted On July 24, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Consumer Confidence Is Still Rising in Colombia

Fedesarrollo's consumer confidence data for June offers some encouraging numbers — but there is still a long way to go.
Posted On July 16, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Looking at the Odebrecht Fallout and This Week’s Economic Data

The political scandal that saw President Petro's coalition implode and the de facto suspension of the reform process was little more than a tremor on the Colombian Richter scale. Now the earth is properly moving.
Posted On July 8, 2023
, By Rupert Stebbings
The Higabra Valley Tunnel at Continental Gold's Buriticá goldmine in Antioquia.
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Fitch Says LatAm Sector Outlooks Mostly Unchanged Amid Resilient Economic Growth

Fitch says commodity prices will be the main transmission channel of China’s rebound for Latin American economies.
Posted On July 4, 2023
, By Loren Moss
Beijing skyline
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Report: Colombia Is Unprepared for Potential Influx of Chinese Companies and Funding

"Institutions with a control and oversight role will be challenged by issues arising from Chinese infrastructure companies," according to the Colombia Risk Analysis report.
Posted On July 2, 2023
, By Elle F. Yap
Image by Markus Distrelrath from Pixabay
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Fitch Says Weak Global Growth Pressuring Latin American Corporates

Colombia's local bond market has dried up as a financing alternative for corporates.
Posted On June 28, 2023
, By Loren Moss
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Latest Fedesarrollo Survey Shows Higher 2023 GDP Forecast for Colombia

Despite opinion polls declaring we are heading for Armageddon, we see various stakeholders increasing the GDP outlook.
Posted On June 23, 2023
, By Rupert Stebbings
The most severe physical damage done by the ELN infrastructure downed a bridge in Pelaya, Colombia. (Credit: Ejército Nacional de Colombia)
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B-Rated Latin American Corporates Would Become Insolvent Under Higher Interest Rates Says Fitch

Higher interest rates will weaken interest coverage among Fitch-rated leverage finance issuers in 2023.
Posted On June 13, 2023
, By Loren Moss
Photo © Loren Moss
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Fitch: Colombian Companies Facing Increasing Liquidity Pressure

Inflation and high capital costs are causing deteriorating liquidity for Colombian corporates, according to Fitch.
Posted On June 7, 2023
, By Loren Moss
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