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//Economy
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Candidates to Become Bogotá’s Next Mayor Are All Queueing Up to Fail

In an unwieldy city without the resources to set itself on the right path, the candidates for Bogotá mayor are all destined to fail — just as others have been before.
Posted On August 14, 2023
, By Rupert Stebbings
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Colombian Trade with Venezuela Has Picked Up Since the Border Reopened

The border reopening for ground transportation in Norte de Santander helped increase total trade value to $143.8 million USD in a nine-month period.
Posted On August 13, 2023
, By Juan Guevara
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Looking at the Economy Before the Start of Another Long Weekend in Colombia

Banco de la República left rates at 13.25% — no surprise! — and lowered their 1.0% GDP estimate for 2023 to 0.9%.
Posted On August 6, 2023
, By Rupert Stebbings

Fitch Affirms BB+ Rating for Colombia as Country’s Future Prospects Stabilize

Colombia has maintained its BB+ credit rating despite high inflation numbers and the loss of Petro’s supermajority.
Posted On August 3, 2023
, By Elle F. Yap
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: The Elephant in the Room

President Petro's son, Nicolas Petro, has been arrested. The key here is that the president called for the investigation and has stepped away.
Posted On July 31, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: A Particularly Mixed Bag of Economic News This Week in Colombia

In this weekly news roundup, we saw a drop in retail confidence data but an uptick in industrial confidence — another mixed bag.
Posted On July 29, 2023
, By Rupert Stebbings
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
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