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Service-oriented and labor-intensive businesses may face higher operating costs due to the 23% minimum wage hike and its immediate impact on indexed service categories

Colombian President Gustavo Petro's decreed 23% raise in the country's minimum wage may now be rescinded for failing to follow laws mandating limits for such measures.

The Javierana University study highlighted that Colombian municipalities depend upon the national government for roughly 50% of revenues.

Perishable food prices dropped 0.09%, fresh fruit climbed 2.38%, with grapes up 12.25%, plantains 3.72%, carrots 9.93%, oranges 6.12%.

Online gambling will be permanently subject to VAT, requiring non-resident operators to register, collect, and file VAT from 2026 onward.

The Colombian peso appreciated despite falling oil prices and the global stability of the US dollar.

Inflation fears kept Colombia's central bankers from reducing the key interest rate, amidst upward wage pressures.

IMF projects Colombia’s GDP growth at 2.5% in 2025; inflation easing to 4.5%, but deficit hits 7.1% and debt peaks at 62.3% by 2027.

The decree formalizes limits on rescheduling FBAs amid delays and fiscal pressure, ensuring funds meet PPP obligations under set conditions.

The offer targets a dozen outstanding series of Colombia’s global bonds with maturities spanning from 2027 to 2061.