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Category

//Public Sector & Education
Colombia's finance minister, Dr. Alberto Carrasquilla
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Colombia Issues New Bond Offering To Refinance 2021 & 2024 Tranches

Colombia announced last week the commencement of a global "new bonds offering" of new global bonds to be denominated in U.S. dollars due in 2030, and additional global bonds to be denominated in US dollars due in 2049.
Posted On January 27, 2020
, By Loren Moss
EPM Water treatment facility. Photo courtesy EPM
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32 Colombian Municipalities Facing Water Shortages

This year’s annual dry season that affects Colombia in December and January has seen the number of municipalities facing shortages grow to 32, according to the country’s minister of housing, cities and territories, Jonathan Malagón.
Posted On January 27, 2020
, By Loren Moss
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Medellín Utility EPM Reaches 3-Year Labor Pact With Unions, Installs Solar Panels On Plaza Mayor

Álvaro Guillermo Rendón López, the new General Manager of Empresas Públicas de Medellín (EPM) has announced  that the Colombian utility has reached a 3 year labor agreement, signed January 24, between the company and its Sintraemsdes labor union.
Posted On January 27, 2020
, By Loren Moss
Ivan Duque is buddy-buddy with then-head of the US International Development Finance Corporation Adam Boehler
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US Development Finance Corporation In Colombia Seeking To Finance Private Sector Projects

Adam Boehler of the US DFC is visiting Colombia until tomorrow with a team of senior executives from the Corporation to identify new opportunities to finance private sector projects.
Posted On January 16, 2020
, By Loren Moss
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President Ivan Duque Meets With New CEO of US International Development Finance Corporation

U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler (pictured above) met with Colombian President Ivan Duque in Cartagena last month. In a statement, Boehler reaffirmed the United States’ “steadfast commitment to the Colombian...
Posted On January 16, 2020
, By Loren Moss
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Álvaro Guillermo Rendón López Is Installed as New Head of EPM

Medellín’s new mayor Daniel Quintero appointed attorney Álvaro Guillermo Rendón López as the new general manager of Colombia’s largest utility company Empresas Públicas de Medellín, or EPM. Rendón was installed on January 2, replacing outgoing engineer Jorgé Londoño De La Cuesta,...
Posted On January 13, 2020
, By Loren Moss
Colombia's President Ivan Duque (l) with Dr Mabel Torres, the new Minister of Science, Technology & Innovation
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Dr. Mabel Gisela Torres Named Colombia’s 1st Minister of Science, Technology and Innovation

Colombia’s President Ivan Duque today named Bahía Soláno, Chocó native Mabel Gisela Torres Torres PhD as Colombia’s new minister of Science, Technology & Innovation. Torres is a scientist from Colombia’s Pacific Coast who after 9 years of study abroad, returned to the...
Posted On December 30, 2019
, By Loren Moss
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Arturo José Galindo Andrade Appointed Co-Director Of Colombia’s Central Bank

Colombia’s President Iván Duque Márquez announced yesterday, from his Twitter account, the appointment of University of Los Andes economist Arturo José Galindo Andrade as the new co-director of the Banco de la República, Colombia’s Central Bank, replacing José Antonio Ocampo. “I...
Posted On December 28, 2019
, By Loren Moss
President Duque announces new measures in the low-income Cartagena neighborhood of El Pozón during a Christmas gift handout event. Photo credit: Juan Pablo Bello – Presidencia de la República
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Colombia’s New Minimum Wage For 2020 Rises 6% To $877,803 Pesos Per Month

Colombia’s government has raised the minimum wage for 2020 by 6% to $980,657 Colombian Pesos ($298.92 USD) per month, including the transportation subsidy mandatory for employees making less than twice the official minimum wage. The minimum monthly salary will be set at $877,803...
Posted On December 28, 2019
, By Loren Moss
Carlos Ruiz is the new vice-minister for housing in Minvivienda
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Economist Carlos Alberto Ruiz Appointed Colombia’s Vice Minister of Housing

Minvivienda, Colombia’s ministry of housing has announced that 28 year old macroeconomics profesor Carlos Alberto Ruiz Martinez has been named the vice-minister in charge of housing for Colombia. Ruiz is an economist at Universidad Nacional (National University) and holds a...
Posted On December 23, 2019
, By Loren Moss
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