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The government’s intention to amend the country’s fiscal rule highlights continuing challenges to consolidation sufficient to stabilize debt/GDP durably.

Fitch Ratings stated that tampering with the fiscal rule would only hinder the nation's hopeful return to investment grade.

Both water and energy are in short supply — and suddenly it needs to be the government's fault.

For 2024, Fedesarrollo is projecting GDP growth of 1.4% and a year-end CPI of 5.4%

The first quarter of 2024 recovery is likely to be modest as well — in large part due to the central bank's refusal to lower rates until December.

The real headline grabber should be Banco de la República, which — in its infinite wisdom — has chosen to ignore the other 99% who understand that 13.25% overnight rates choke off an economy.

Despite the rain this week, the environment minister announced an immediate $410 million USD relief fund to combat the effects of El Niño.

Despite opinion polls declaring we are heading for Armageddon, we see various stakeholders increasing the GDP outlook.

Though slight, the body's upward revision for Colombia comes in contrast to the IMF’s overall expectations for the global economy.

Banco de la República has now held the rate steady since cutting it by 25 basis points to 4.25% at its April meeting.