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Colombia’s recently released Medium-Term Fiscal Framework (MTFF) utilizes optimistic economic growth assumptions and relies on one-off privatization/asset sales and uncertain administrative measures to boost revenues, says Fitch Ratings. As such, risks to achieving...

Negative yields on long-dated government securities are more reflective of distorted market conditions than of stronger sovereign credit profiles, Fitch Ratings says. Lower interest service costs support sovereign creditworthiness, but this must be weighed against the impact of...

According to analysis provided by Bancolombia, Colombia’s consumer price index recorded a monthly increase of 0.27%, coming in at 6 basis points higher than the 0.21% expected by economic analysts. The inflation rate is higher than that of the past decade, 0.23% Costs of produce...

Latin America saw a sharp decrease in both value and volume of initial public offerings (IPO), largely due to continuing economic and political turmoil in the region compounded by a climate of global economic uncertainty. Across the region in the first half of 2019, there were...

Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf...

Fitch Ratings has announced today that it has affirmed Colombia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ and revised the Rating Outlook to Negative from Stable. Colombia’s Negative Outlook reflects risks to fiscal consolidation and...

Latin American corporate credit indicators point toward varying leverage trends across the region, with the majority of countries experiencing stabilizing and decreasing leverage, according to a series of new Fitch Ratings reports. “Following a heavy election cycle in 2018,...

In mid-November, the Banco de la República forecasted inflation to end both 2018 and 2019 at 3.3%.

South American economies "struggle in developing and retaining talent and are characterized by low levels of quality of life and reduced availability of skilled labor."

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.