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This figure is identical to a recent forecast from the central bank and represents an improvement from the disappointing 1.8% registered in 2017.

The low projection is below the bulk of more optimistic predictions from various other groups that have weighed in.

Finance Minister Mauricio Cardenas says the overhaul "is a difficult measure that will require a large sacrifice of all Colombians — but it is necessary."

The 5th edition of Bonds, Loans & Derivatives Andes 2016 was a massive success seeing over 380 senior level decision makers attending this ‘by invitation only’ event on the 23rd – 24th of February 2016 at The JW Marriott, Bogota. During the 2 days, senior level executives...

Colombia remains among the fastest-growing economies in Latin America, with government estimates signaling the country will grow approximately 3.5 to 4% in 2015, while the country’s central bank forecasts a 3.2% increase in GDP. At a time of domestic and external challenges,...