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	<title>communication &#8211; Finance Colombia</title>
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	<title>communication &#8211; Finance Colombia</title>
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		<title>Colombian Consultant Lisa X Walden Explains Why Human-Centered Leadership Matters in the BPO Industry</title>
		<link>https://www.financecolombia.com/colombian-consultant-lisa-x-walden-explains-why-human-centered-leadership-matters-in-the-bpo-industry/</link>
		
		<dc:creator><![CDATA[Suzanne Latre]]></dc:creator>
		<pubDate>Mon, 13 Jul 2026 18:27:39 +0000</pubDate>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Interview]]></category>
		<category><![CDATA[Baby Boomers]]></category>
		<category><![CDATA[bpo]]></category>
		<category><![CDATA[BPO industry]]></category>
		<category><![CDATA[business consulting]]></category>
		<category><![CDATA[business leadership]]></category>
		<category><![CDATA[business process outsourcing]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[Colombia BPO]]></category>
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		<category><![CDATA[CX Summit 2026]]></category>
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		<category><![CDATA[future of leadership]]></category>
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		<category><![CDATA[Gen Z]]></category>
		<category><![CDATA[Generation X]]></category>
		<category><![CDATA[Generation Z]]></category>
		<category><![CDATA[generational differences]]></category>
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		<category><![CDATA[globalization]]></category>
		<category><![CDATA[Good Company]]></category>
		<category><![CDATA[Good Company Consulting]]></category>
		<category><![CDATA[human leadership]]></category>
		<category><![CDATA[human-centered leadership]]></category>
		<category><![CDATA[hybrid work]]></category>
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		<category><![CDATA[leadership]]></category>
		<category><![CDATA[leadership development]]></category>
		<category><![CDATA[Lisa Walden]]></category>
		<category><![CDATA[Lisa X. Walden]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[managers]]></category>
		<category><![CDATA[mental health at work]]></category>
		<category><![CDATA[Millennials]]></category>
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		<category><![CDATA[remote work]]></category>
		<category><![CDATA[technology and work]]></category>
		<category><![CDATA[The Future of Work is Human]]></category>
		<category><![CDATA[trust in the workplace]]></category>
		<category><![CDATA[women in business]]></category>
		<category><![CDATA[women leaders]]></category>
		<category><![CDATA[work culture]]></category>
		<category><![CDATA[work-life harmony]]></category>
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		<category><![CDATA[workplace innovation]]></category>
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		<category><![CDATA[workplace wellbeing]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=37867</guid>

					<description><![CDATA[Lisa Walden discusses human-centered leadership, generational differences, and how organizations can build better workplaces for the future....]]></description>
										<content:encoded><![CDATA[<p>Colombia has a thriving, growing BPO industry, as evidenced by the success of the <a href="https://www.cxsummit.com.co/">CX Summit 2026</a>, organized by the industry association, <a href="https://www.bpro.org/">Bpro</a>. While the sector is known to have some very innovative employers,  <a href="https://lisa-walden.com/">Lisa Walden</a>, co-founder of <a href="https://www.goodcompanyconsulting.com/about-lisa">Good Company Consulting</a> and co-author of <a href="https://www.amazon.com/Future-Work-Human-Transforming-Post-Pandemic/dp/1634896394/ref=sr_1_1?crid=238ZQ3EQW8M91&amp;dib=eyJ2IjoiMSJ9.5IBv3TluhsVfhpJ9571pULpOIWuWIrfn61b8ueKq0TERenw7xY9_H-hBGmxVKKCYvSfV8YeTwqfXBlv69thek1QbXIXhtCk1SfzMhw4g_AtJvDM-OrUzZfTEFG3FslCIZff_tvsiYrcFDwbgWaOTabeKKyX-EhK1JHWjwcdIxSuOeJg6O_yfEOd-pQT3dKIydgCOggIlXkXZujWfp-hEiauoLTbTpkBImPj-qDrEobY.1NuScTNUnnNgG6JZz8oOCjvLasuIi1tPz5GVi0hBYi4&amp;dib_tag=se&amp;keywords=the+future+of+work+is+human&amp;qid=1738778598&amp;sprefix=%2Caps%2C137&amp;sr=8-1"><em>The Future of Work Is Human</em></a> was a keynote speaker at this year’s event where she spoke about how organizations can build more human-centered workplaces by moving beyond traditional leadership approaches and understanding employees as individuals.</p>
<p>Her presentation explored the “platinum rule” of leadership, which is treating people the way they want to be treated, as well as the changing expectations of different generations entering the workforce.</p>
<p>With Colombia’s BPO industry employing a large and increasingly younger workforce, Walden, A Colombian with roots in Santander, discussed how leaders can better engage Gen Z employees, build psychological safety, improve communication, and adapt to a rapidly changing global workplace shaped by technology, globalization, and shared experiences such as the COVID-19 pandemic.</p>
<p class="PDq2pG_selectionAnchorContainer" data-start="558" data-end="761">Finance Colombia’s Executive Editor <a href="https://www.financecolombia.com/author/loren-moss/">Loren Moss</a> was able to speak with Walden about her concepts and guidance for innovative employers in any industry sector.</p>
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<p class="PDq2pG_selectionAnchorContainer" data-start="491" data-end="869"><strong data-start="491" data-end="512">Finance Colombia: We&#8217;re here at the <a href="https://www.cxsummit.com.co/">CX Summit 2026</a>. I&#8217;m with Lisa Walden. You&#8217;re quite the superstar. There&#8217;s been such a line of people looking at your book, <a href="https://lisa-walden.com/books"><em data-start="654" data-end="683">The Future of Work is Human</em></a>. You gave a great talk, and it&#8217;s exciting to have you here. At the end, there was a big surprise for me. I heard you speaking pretty good Spanglish, and then I learned you&#8217;re Colombian.</strong></p>
<p data-start="871" data-end="898"><strong>Lisa Walden: Yes, I am.</strong></p>
<p data-start="900" data-end="942"><strong data-start="900" data-end="921">Finance Colombia:</strong> <strong>Wow, that&#8217;s so cool.</strong></p>
<p data-start="944" data-end="1126"><strong data-start="944" data-end="960">Lisa Walden:</strong> Yeah, I think so too. I very much represent Colombian pride as much as I can. This necklace is actually from Colombia, so I wanted to be wearing it on stage with me.</p>
<p data-start="1128" data-end="1378"><strong data-start="1128" data-end="1149">Finance Colombia:</strong> <strong>Great. And we could talk for an hour about that, but I think we want to talk about your presentation today. You gave an interesting talk, and you also have a book about this: how to relate to people differently in the workplace.</strong><strong>You talked about the Golden Rule, which is to treat people the way you would want to be treated, but then—</strong></p>
<p data-start="1488" data-end="1523"><strong data-start="1488" data-end="1504">Lisa Walden:</strong> The Platinum Rule.</p>
<p data-start="1525" data-end="1631"><strong data-start="1525" data-end="1546">Finance Colombia:</strong> <strong>Yes, exactly. The Platinum Rule: treat people the way they would want to be treated.</strong></p>
<p data-start="1633" data-end="1663"><strong data-start="1633" data-end="1649">Lisa Walden:</strong> Yes, exactly.</p>
<p data-start="1665" data-end="1738"><strong data-start="1665" data-end="1686">Finance Colombia:</strong> <strong>Which is all the difference in the world, isn&#8217;t it?</strong></p>
<p data-start="1740" data-end="1972"><strong data-start="1740" data-end="1756">Lisa Walden:</strong> Yeah. We don&#8217;t live in a one-size-fits-all world. Being able to know how to customize your leadership approach for the people you&#8217;re leading is the way to do it better: to lead in a more human-specific, nuanced way.</p>
<p data-start="1974" data-end="2209">I know that&#8217;s hard. It&#8217;s not easy to do that if you have a team of 20. But that&#8217;s why I always say micro moves are your best friends. Think about what micro adjustments you can make that will help you connect and lead more effectively.</p>
<p data-start="2211" data-end="2462"><strong data-start="2211" data-end="2232">Finance Colombia:</strong> <strong>Something else that you touched on was interesting: how leaders in businesses — and that doesn&#8217;t just mean managers and directors, but leaders of all types, no matter their title — interact with people from different generations.</strong></p>
<p data-start="2464" data-end="2767"><strong>In a way, this can become a stereotype when people talk about Baby Boomers, Gen X, and other generations. But I think the message is to understand the people on your team and relate to them in a way that makes sense and is productive for both the organization and the individual. Is that the gist of it?</strong></p>
<p data-start="2769" data-end="2910"><strong data-start="2769" data-end="2785">Lisa Walden:</strong> Oh yeah, 100%. As you said, sometimes people use these generational names as stereotypes, and I really caution against that.</p>
<p data-start="2912" data-end="3098">It&#8217;s more a lens that you see other people through. It&#8217;s one piece of information, one additional bit of texture and nuance to how you lead, but you have to do the work yourself as well.</p>
<p data-start="3100" data-end="3351">You have to find out, as individuals, what their preferences are, how they like to receive feedback, how they like to be appreciated, and what their style of work is. When you gain all that information, that&#8217;s what really helps you be a better leader.</p>
<p data-start="3353" data-end="3490"><strong data-start="3353" data-end="3374">Finance Colombia:</strong> <strong>Now, your consultancy has a business partner, and you both do consulting aside from having written a book together.</strong></p>
<p data-start="3492" data-end="3525"><strong data-start="3492" data-end="3508">Lisa Walden:</strong> We have it here!</p>
<p data-start="3527" data-end="3637"><strong data-start="3527" data-end="3548">Finance Colombia:</strong> <a href="https://www.amazon.com/Future-Work-Human-Transforming-Post-Pandemic/dp/1634896394/ref=sr_1_1"><em data-start="3549" data-end="3579">The Future of Work is Human.</em></a> We&#8217;ll link to it, of course. Beautiful cover, by the way.</p>
<p data-start="3639" data-end="3767"><strong data-start="3639" data-end="3655">Lisa Walden:</strong> Thank you. We worked really hard on that. The first few we received were a no, but we landed on something good.</p>
<p data-start="3769" data-end="3936"><strong data-start="3769" data-end="3790">Finance Colombia:</strong> <strong>Great. My question is: what do you do as partners in your consultancy? What&#8217;s the purpose of the business, and what type of clients do you serve?</strong></p>
<p data-start="3938" data-end="4040"><strong data-start="3938" data-end="3954">Lisa Walden:</strong> Our very tongue-in-cheek mission is to help people create workplaces that don&#8217;t suck.</p>
<p data-start="4042" data-end="4203">We used to work together at an organization as generational consultants, and everyone would say, &#8220;Oh, we love your job. It&#8217;s so awesome. How do we work for you?&#8221;</p>
<p data-start="4205" data-end="4416">We identified the gaps where people could focus more on the humans in the workplace and decided to make it our mission to help people create workplaces that don&#8217;t suck — but even better, make awesome workplaces.</p>
<p data-start="4418" data-end="4641">The work that we do is focused on that people-first lens. We look at generations at work: Boomers, Gen X, Millennials, Gen Z. We look at building psychological safety and trust, communication, and compassionate leadership.</p>
<p data-start="4643" data-end="4859">Mostly, we deliver this content at meetings, associations, and events. But we also go into organizations. We do team building, workshops, and consulting engagements when a client comes to us with a very specific ask.</p>
<p data-start="4861" data-end="5015">Our mission is simple: helping people create workplaces that don&#8217;t suck. The way we disseminate that information and pursue that mission is pretty varied.</p>
<p data-start="5017" data-end="5148"><strong data-start="5017" data-end="5038">Finance Colombia: That&#8217;s fascinating. Is there a website or a way people who might need that service can get in touch with you?</strong></p>
<p data-start="5150" data-end="5355"><strong data-start="5150" data-end="5166">Lisa Walden:</strong> Absolutely. You can find me on <a href="https://www.linkedin.com/in/lisaxwalden/">LinkedIn. My name is Lisa X Walden</a>, and you can find me easily with the X Walden. The X is for my middle name, Ximena, which is very common here in Colombia.</p>
<p data-start="5357" data-end="5480">You can find us on Instagram at <a href="https://www.instagram.com/goodcompanyconsulting/">@goodcompanyconsulting</a>, and you can also find our website at <a class="decorated-link" href="http://www.goodcompanyconsulting.com" target="_new" rel="noopener" data-start="5450" data-end="5479">www.goodcompanyconsulting.com</a>.</p>
<p data-start="5482" data-end="5664"><strong data-start="5482" data-end="5503">Finance Colombia:</strong> <strong>Lastly &#8211; and you&#8217;ve been very generous with your time &#8211; I love seeing the interest. We&#8217;ve been standing here and people keep coming up to you, which is amazing.</strong></p>
<p data-start="5666" data-end="5693"><strong>Lisa Walden: It&#8217;s cool.</strong></p>
<p data-start="5695" data-end="5904"><strong data-start="5695" data-end="5716">Finance Colombia:</strong> <strong>I&#8217;ve been coming to this event for about 15 years, and I&#8217;ve never seen that kind of response. I&#8217;ve seen other popular people, but not like that. That&#8217;s really impressive for the keynotes.</strong></p>
<p data-start="5906" data-end="5954"><strong data-start="5906" data-end="5922">Lisa Walden:</strong> Wow. Thank you for saying that.</p>
<p data-start="5956" data-end="6064"><strong data-start="5956" data-end="5977">Finance Colombia:</strong> <strong>What are the takeaways that people in the BPO industry specifically can use and apply?</strong></p>
<p data-start="6066" data-end="6286"><strong>Also, you talked about life-defining events and the things we remember — whether it&#8217;s 9/11 or other major events. It&#8217;s fascinating because you look at the parallels and differences between Colombia and other generations.</strong></p>
<p data-start="6288" data-end="6541"><strong>I think about the older generation when they think about the <em>Bogotazo</em>, when the presidential candidate was killed and everything that happened afterward. Were there differences that you found, or any surprises as you prepared for this and unpacked that?</strong></p>
<p data-start="6543" data-end="6715"><strong data-start="6543" data-end="6559">Lisa Walden:</strong> I focused mostly on Gen Z because that was my ask. It sounds like for many BPOs, a vast majority of their employees are within that generational age range.</p>
<p data-start="6717" data-end="6828">Gen Z right now is between 16 and 30, so I really focused on them in my interviews and research for this event.</p>
<p data-start="6830" data-end="7092">I&#8217;ll also say that when we look at generations, the way we talk about them is through events and conditions during formative years — roughly your teenage years. Of course, a different country is going to have different formative events for different generations.</p>
<p data-start="7094" data-end="7327">For Gen Z, there is so much that&#8217;s similar because of globalization, the internet, COVID, and technology. We have access to the same types of things, so they are showing up much more similarly across the board than older generations.</p>
<p data-start="7329" data-end="7592">Of course, there are some uniting events. For example, I asked the room, &#8220;What is an event or condition you remember from your formative years?&#8221; I want to say there was a Millennial in the room who said 9/11, and a Colombian Millennial who said a Colombian event.</p>
<p data-start="7594" data-end="7802">There are shared events and conditions globally, but for Gen Z, there are so many of them. I went in knowing that, but I was surprised to find the level of similarity between how that is shaping them at work.</p>
<p data-start="7804" data-end="8147">Things like really prioritizing mental health, prioritizing their own wellness, and pushing for work-life harmony — that&#8217;s what we call it. It&#8217;s not balance, but it&#8217;s about getting resources from work that make them better people outside of work and then being able to unplug after work so they can be better at their work when they come back.</p>
<p data-start="8149" data-end="8357">They also have a different association with people in positions of authority and a different kind of work ethic, I would say. It can push some people because it&#8217;s different from what they&#8217;ve seen in the past.</p>
<p data-start="8359" data-end="8445">We see that cyclical conversation: &#8220;Oh, this generation doesn&#8217;t want to work anymore.&#8221;</p>
<p data-start="8447" data-end="8653">What really surprised me was the similarities and how many there were. It was truly shocking, even as a generational researcher, to say: &#8220;Wow, the similarities across these countries are pretty staggering.&#8221;</p>
<p data-start="8655" data-end="8935"><strong data-start="8655" data-end="8676">Finance Colombia:</strong> <strong>Absolutely. We&#8217;re all on the same internet and connected. If you look at globalization, Colombians consuming US content and people in the US being able to access channels from Uzbekistan and Bangladesh on their cable systems now — it&#8217;s a different world.</strong></p>
<p data-start="8937" data-end="9025"><strong data-start="8937" data-end="8953">Lisa Walden:</strong> Yep, exactly. You can see the whole world now. So yeah, it makes sense.</p>
<p data-start="9027" data-end="9169"><strong data-start="9027" data-end="9048">Finance Colombia:</strong> <strong>Great. You&#8217;ve been so generous with your time. Thanks so much. It&#8217;s an honor to talk to you, and it&#8217;s been a lot of fun.</strong></p>
<p data-start="9171" data-end="9261"><strong data-start="9171" data-end="9187">Lisa Walden:</strong> Thank you for having me. It&#8217;s such a pleasure. I&#8217;m just happy to be here.</p>
<p data-start="9263" data-end="9291"><strong data-start="9263" data-end="9284">Finance Colombia:</strong> <strong>Great.</strong></p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Colombia’s Minister of Information &#038; Communications Technology Resigns Amid $280 Million Dollar Children&#8217;s Internet Scandal</title>
		<link>https://www.financecolombia.com/colombias-minister-of-information-communications-technology-resigns-amid-280-million-dollar-childrens-internet-scandal/</link>
					<comments>https://www.financecolombia.com/colombias-minister-of-information-communications-technology-resigns-amid-280-million-dollar-childrens-internet-scandal/#comments</comments>
		
		<dc:creator><![CDATA[Loren Moss]]></dc:creator>
		<pubDate>Sun, 12 Sep 2021 02:37:15 +0000</pubDate>
				<category><![CDATA[ICT]]></category>
		<category><![CDATA[Law, Justice & Peace]]></category>
		<category><![CDATA[abuchaibe]]></category>
		<category><![CDATA[abudinear]]></category>
		<category><![CDATA[abudinen]]></category>
		<category><![CDATA[atlantic]]></category>
		<category><![CDATA[baked minister]]></category>
		<category><![CDATA[banco itaú]]></category>
		<category><![CDATA[barranquilla]]></category>
		<category><![CDATA[bluradio]]></category>
		<category><![CDATA[bogotá]]></category>
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		<category><![CDATA[casa char]]></category>
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		<category><![CDATA[chile]]></category>
		<category><![CDATA[colombia]]></category>
		<category><![CDATA[communication]]></category>
		<category><![CDATA[delaware]]></category>
		<category><![CDATA[empresas telefonicas de bogota]]></category>
		<category><![CDATA[etb]]></category>
		<category><![CDATA[florida]]></category>
		<category><![CDATA[house of char]]></category>
		<category><![CDATA[information]]></category>
		<category><![CDATA[Iván Duque]]></category>
		<category><![CDATA[ivan duran]]></category>
		<category><![CDATA[juan carlos caceres]]></category>
		<category><![CDATA[juan diego]]></category>
		<category><![CDATA[juan diego alvira]]></category>
		<category><![CDATA[juan diego alviria]]></category>
		<category><![CDATA[karen abudinen]]></category>
		<category><![CDATA[miami]]></category>
		<category><![CDATA[mintic]]></category>
		<category><![CDATA[nestor morales]]></category>
		<category><![CDATA[pilfer]]></category>
		<category><![CDATA[poner la cara]]></category>
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		<guid isPermaLink="false">https://www.financecolombia.com/?p=23085</guid>

					<description><![CDATA[Minister Karen Abudinen has resigned to the metaphorical cemetery she promised during an April television interview. Though no one has accused her so far of criminal wrongdoing, questions remain as to how her office could fall victim to a quarter billion US dollar fraud without insider cooperation....]]></description>
										<content:encoded><![CDATA[<p>After fighting several months for her reputation and her position leading <a href="https://www.mincit.gov.co/">Colombia’s Ministry of Information &amp; Communications Technologies</a> (MinTIC), <a href="https://karenabudinen.com/">Karen Abudinen Abuchaibe</a> resigned yesterday at the request of President Ivan Duque. <a href="https://karenabudinen.com/">Abudninen, a lawyer from Barranquilla</a>, was seen by many political analysts as the Duque administrations envoy to the Atlantic coast’s powerful and “House of Char” political &amp; business clan, but Abudinen’s approval of a huge contract to deploy internet service to rural Colombian schools, only to see the contract advance money disappear to somewhere in the United States led to calls for her resignation, and even her last name being used as a synonym for the verb “to pilfer.”</p>
<p>Last December, the minister signed a $1.07 billion COP ($280 million USD) contract with a consortium called the Union Temporal Centros Poblados to install internet service in almost 9,000 rural schools in Colombia. The contract included an advance of over $18 million USD, which the ministry paid, but also required certain bank guarantees that the consortium submitted—ostensibly—from multinational Banco Itaú.</p>
<p>In April of this year, Abudinen did an interview with Colombia’s Caracol network, where she personally promised on national television that 1,529 schools would be connected that month, 1,500 more schools in May, and by December, 8,700 schools would be connected.</p>
<blockquote><p>“The favorite dish of many Colombians is ‘baked minister’”—President Ivan Duque</p></blockquote>
<p>“Find me, I will come here and show my face,” Abudinen said to television news presenter Juan Diego Alvira, personally assuring that the rural children would have their internet service.</p>
<p>“You promise me that the signal won’t fail when I call you?” asked Alvira.</p>
<p>Later that month, Colombian media reported that practically no schools had been connected so far and began to investigate. The bank guarantees that the contract was conditioned upon were made public in June…But Banco Itaú came out and said that the documents were forged, and they had no pact or relationship with the contractor at all. It turns out, on a quarter billion USD contract, no one from the minister’s office bothered to call the bank to verify the documents.</p>
<p>As the scandal began to explode, Abudinen began to insist that she and the ministry were not complicit in any misdeeds, but in fact victims, and would try to do everything possible to protect the public interest. Towards the end of June, Colombia’s attorney general began investigating, and discovered that a large part of the deposit had been wired to a Delaware company in the US. Colombia then asked for the FBI’s assistance in tracing the money.</p>
<p>Colombian daily El Tiempo revealed that Juan Carlos Cáceres, the principal of one of the consortium partners then used $1.3 million USD of the proceeds <a href="https://www.infobae.com/america/colombia/2021/09/04/el-apartamento-en-lujosa-zona-de-miami-que-se-negocio-con-el-anticipo-del-millonario-contrato-del-mintic-y-centros-poblados/">to buy a luxury condominium</a> in Miami’s luxurious Brickell neighborhood, south of downtown. Cáceres insists he has done nothing wrong. Colombian and US prosecutors have moved to seize the assets and proceeds of the consortium and its beneficiaries in Colombia and the US.</p>
<p>Meanwhile, back in Colombia, Abudinen was busy defending herself and her ministry’s stewardship of the contract and public resources. Social media comedians began to refer to unrelated theft and fraud as to “Abudinear” someone or something so frequently, that Spain’s language guardian, the <a href="https://www.rae.es/">Real Academia Español</a> noticed the word’s usage.</p>
<blockquote><p>No one so far has formally accused Abudinen of any criminal activity, or of collaboration with Union Temporal Centros Poblados.</p></blockquote>
<p>At the Caracol broadcasting network, Alviria was claiming bad luck in reaching the minister to have her keep her promise to “show her face” and answer for the progress on the mammoth contract. Abudinen would not connect with Alviria, but when a colleague from competing BluRadio was able to reach her, the TV presenters took the extraordinary step of putting the minister on the spot by patching her through.</p>
<p>“Do you see your friend there Minister? Juan Diego Alvira has been looking for you for a long time, asked presenter Néstor Morales. Alviria reminded Abudinen of her pledge to show her face and not hide, then asked simply whether she had complied with her promise or not.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="es">Juan Diego Alvira por fin pudo encarar a Karen Abudinen, en medio de una entrevista con <a href="https://twitter.com/BluRadioCo?ref_src=twsrc%5Etfw">@BluRadioCo</a>.</p>
<p>&#8220;Uno se va al cementerio cuando deja de luchar&#8221;, respondió la ministra al recordársele la promesa que hizo en <a href="https://twitter.com/NoticiasCaracol?ref_src=twsrc%5Etfw">@NoticiasCaracol</a> <a href="https://t.co/TTq3a6uSQt">https://t.co/TTq3a6uSQt</a> <a href="https://t.co/y885zCOjtQ">pic.twitter.com/y885zCOjtQ</a></p>
<p>— Noticias Caracol (@NoticiasCaracol) <a href="https://twitter.com/NoticiasCaracol/status/1432338077675053058?ref_src=twsrc%5Etfw">August 30, 2021</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Abudinen evaded the question. “We are on top of the operators. Colombians permitted us to discover this trap…”</p>
<p>Alvirio interrupted and was very blunt with the official: “If you go through the twists and turns of the law, you will without a doubt find an escape, but you made a promise here. The question is very precise, please. Did you comply or not comply? Because I have searched for you and only now because of this ‘accidental interview’ have I been able to even ask you!”</p>
<p>“Juan Diego, one complies in the contexts of possibility. I ask you to let me talk and explain. We are working to expire the contract (with the consortium) so that (Bogotá telecommunications company) ETB will be the operator to terminate the contract and connect the 7,000 schools that I promised you on Caracol, I remember perfectly, and I will continue to work obsessively to connect this country and recover this scam that they played on the ministry. But unfortunately, that date, I cannot say that I complied or did not comply.”</p>
<p>Alvirio pushed back. “But minister, let me remind you. Your phrase was ‘If I don’t comply…to the cemetery!’ Your words! Do you know what the cemetery for public functionaries is?”</p>
<p>“Look Nestor, I know that in this moment, one always wants to find…”</p>
<p>“The metaphorical tombstone was used by you,” interrupted Alvirio.</p>
<p>“The tombstone metaphor I used,” she insisted. “But let me tell you something. I have been out in front of this situation—one goes to the cemetery when he ceases to struggle. One goes to the cemetery when they lose their desire. When they are without passion. When they don’t have the opportunity to find a solution to the problem. I believe that in this case, there is a solution, we are working on it, the control people are on top of it, and I am going to tell you something. And it’s the most important. I have the desire to connect those 7,000 schools. Today ETB already started to work with the ministry to find out how to very rapidly sign a contract, so that we can start as soon as possible and keep our word to the children. And when one talks about going to the cemetery, it’s because there is no other option. Here we have options, and I am working to see that we comply with those options.”</p>
<p>Friday, September 3rd, the minister was called to testify before a congressional hearing where she was grilled over her stewardship of the ministry and the contract. At the end of the day, she issued a defiant statement via official MinTIC channels.</p>
<p>“I will not resign, Colombians! I will not give one more victory to the network of corruption! Everything has been said against me with the aim of liquidating me, but I will not continue to tolerate such defamations. I will not allow one more insult against my honesty.”</p>
<p>A week later, during the soccer match that Colombia won 3-1 against Chile, and a day before Colombia’s house of representatives was scheduled to vote on censuring the minister, a motion that vote counters said she was destined to lose, Abudinen took to a podium and announced her immediate and irrevocable resignation. Daily <a href="https://www.eltiempo.com/politica/gobierno/karen-abudinen-ivan-duque-pide-renuncia-de-la-ministra-de-las-tic-616787">El Tiempo reported</a> that she resigned at the insistence of President Ivan Duque, already facing the lowest approval ratings of any Colombian since modern opinion polls began in the country.</p>
<p style="padding-left: 80px;"><em>I submitted my resignation to the President @IvanDuque as Minister of ICT. Today I am leaving in pain due to the circumstances that the country knows but certain that I acted with honesty and transparency, in the hope that justice will punish those who defrauded Colombians.</em></p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="es">Presenté mi renuncia al Presidente <a href="https://twitter.com/IvanDuque?ref_src=twsrc%5Etfw">@IvanDuque</a> como Ministra de las TIC. Hoy me retiro adolorida por las circunstancias que el país conoce pero segura de que actué con honradez y transparencia, con la esperanza de que la justicia castigará a quienes defraudaron a los colombianos. <a href="https://t.co/5FAZLWeChz">pic.twitter.com/5FAZLWeChz</a></p>
<p>— Karen Abudinen (@karenabudi) <a href="https://twitter.com/karenabudi/status/1436112476194619399?ref_src=twsrc%5Etfw">September 9, 2021</a></p></blockquote>
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<div id="attachment_23089" style="width: 458px" class="wp-caption alignright"><a href="https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran.png"><img fetchpriority="high" decoding="async" aria-describedby="caption-attachment-23089" class="wp-image-23089 " src="https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran.png" alt="Viceminister Iván Durán has been named acting minister of Information &amp; Communications Technologies." width="448" height="609" srcset="https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran.png 585w, https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran-353x480.png 353w, https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran-184x250.png 184w, https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran-331x450.png 331w, https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran-258x350.png 258w, https://www.financecolombia.com/wp-content/uploads/2021/09/ivan-duran-110x150.png 110w" sizes="(max-width: 448px) 100vw, 448px" /></a><p id="caption-attachment-23089" class="wp-caption-text">Viceminister Iván Durán has been named acting minister of Information &amp; Communications Technologies.</p></div>
<h2>To the cemetery&#8230;or Sincelejo?</h2>
<p>Abudinen is now destined to the metaphorical political cemetery of her own artifice, while US and Colombian prosecutors continue to investigate potential irregularities in approving the contract with Union Temporal Centros Poblados, how such a contract worth hundreds of millions of dollars could have been approved with elementary fake bank documents that were never verified, why the contract was approved over other apparently better qualified firms, and the alleged criminal nexus between representatives and associates of Centros Poblados and <a href="https://www.eltiempo.com/unidad-investigativa/habla-inocencio-melendez-del-carrusel-y-caso-mintic-616523">white-collar criminals</a>. A Colombian judge has already ordered the accounts frozen of the consortium and its functionaries, and US officials are cooperating to freeze any US assets.</p>
<h3>The &#8220;Ad Hoc Mayor&#8221;</h3>
<p>On the other hand, even after questions arose over the Centros Poblados contract, and with Abudinen working full time as minister, in July, President Duque quietly issued <a href="https://dapre.presidencia.gov.co/normativa/normativa/DECRETO%20794%20DEL%2021%20DE%20JULIO%20DE%202021.pdf">Decree 794 of 21 July of 2021</a> which appointed Abudinen as &#8220;Ad Hoc Mayor&#8221; of the small city of Sincelejo, roughly three hours south of Cartagena, with the mandate &#8220;to monitor compliance with the biosafety measures and the four general components according to the health authority regarding the revocation of the mandate against the mayor of Sincelejo, in accordance with the motive part of this decree.&#8221;</p>
<p>In other words, while still minister of information and communications technologies, Duque appointed Abudinen as an &#8220;ad hoc mayor&#8221; of the city with the specific responsibilities of ensuring that the recall campaign against SIncelejo mayor Andrés Gómez Martínez complies with COVID pandemic-related health mandates. While Gomez faces a recall campaign, he remains as mayor in charge of the city, so Abudinen&#8217;s actual workload related to the assignment would be very small. In Colombia&#8217;s system, a politician facing a recall vote cannot supervise the process taking place against him or her, so ad-hoc appointments are made to monitor or manage relevant processes related to the recall.</p>
<p>While there is nothing illegal or necessarily unethical about the posting, the appointment is curious, as until and unless Abudinen is removed from the post, she continues in a government posting of some kind, no matter how minor or &#8220;ad-hoc.&#8221; Duque&#8217;s Centro Democratico political party, controlled by former President Alvaro Uribe, and with a power base in Medellín and surrounding coffee-country, has little hope of winning national elections without the support of Caribbean coastal centrist and conservative power bases &#8211; especially with leftist presidential hopeful and current polling frontrunner Gustavo Petro hailing from Córdoba, also in the Caribbean region.</p>
<h3>Analysis</h3>
<p>It may be easy to overestimate the importance of the ad-hoc mayoral importance for Abudinen. &#8220;Sometimes a cigar is just a cigar,&#8221; Freud supposedly said, though the quote is probably apocryphal. Still, it is newsworthy and warrants a mention given the timing, the workload of a cabinet minister, Sincelejo&#8217;s geography, and Abudinen&#8217;s powerful political patrons. The Char family, successful politicians and owners of several important businesses such as the Olimpica supermarket chain and the FC Junior soccer team of Barranquilla, are very well regarded and extremely popular on the coast. Though Colombia&#8217;s Atlantic coast suffers endemic political corruption, the Chars have a clean reputation. As mayor of Barranquilla, Alejandro Char finished his term at the end of 2019 with an astonishing 95% approval rating, according to independent pollster <a href="https://www.invamer.com.co/es/">INVAMER.</a> At the time Finance Colombia looked into it, and regardless the margin of error, Char certainly had overwhelming, practically adoring support across the political spectrum. Abudinen is close to the &#8220;Casa Char&#8221; or &#8220;House of Char,&#8221; in Spanish, and while Duque can&#8217;t run for re-election, his party needs the Char family and Caribbean political infrastructure to maintain any hope of political relevance beyond next year.</p>
<div id="attachment_23098" style="width: 810px" class="wp-caption aligncenter"><a href="https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC.jpg"><img decoding="async" aria-describedby="caption-attachment-23098" class="size-large wp-image-23098" src="https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC-800x450.jpg" alt="Sincelejo, Sucre" width="800" height="450" srcset="https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC-800x450.jpg 800w, https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC-417x235.jpg 417w, https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC-768x432.jpg 768w, https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC-622x350.jpg 622w, https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC-200x113.jpg 200w, https://www.financecolombia.com/wp-content/uploads/2021/09/Sincelejo-courtesy-IGAC.jpg 1280w" sizes="(max-width: 800px) 100vw, 800px" /></a><p id="caption-attachment-23098" class="wp-caption-text">The Colombian city of Sincelejo, capital of Sucre department (Courtesy: Instituto Geografico Agustin Codazzi)</p></div>
<p style="text-align: right;">Headline photos: Karen Abudinen defends herself before Colombia&#8217;s Congress (Courtesy MinTIC)</p>
<p>&nbsp;</p>
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		<title>Inflation Falls to 3.14% in Colombia, Nearing Central Bank Target Rate</title>
		<link>https://www.financecolombia.com/inflation-falls-to-3-14-in-colombia-nearing-the-central-bank-target-rate/</link>
		
		<dc:creator><![CDATA[Jared Wade]]></dc:creator>
		<pubDate>Sat, 07 Apr 2018 22:44:46 +0000</pubDate>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[banco de la republica]]></category>
		<category><![CDATA[central bank]]></category>
		<category><![CDATA[colombian central bank]]></category>
		<category><![CDATA[Colombian Inflation]]></category>
		<category><![CDATA[communication]]></category>
		<category><![CDATA[consumer price index]]></category>
		<category><![CDATA[dane]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[Entertainment]]></category>
		<category><![CDATA[food prices]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[Housing]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[Inflation Rate]]></category>
		<category><![CDATA[ipc]]></category>
		<category><![CDATA[National Administrative Department of Statistics]]></category>
		<category><![CDATA[Prices]]></category>
		<category><![CDATA[Transportation]]></category>
		<guid isPermaLink="false">https://www.financecolombia.com/?p=14810</guid>

					<description><![CDATA[The consumer price index (IPC) rose by just 0.24% from February to March, putting the 12-month inflation rate at 3.14%, down from 3.37% in February....]]></description>
										<content:encoded><![CDATA[<p>The consumer price index (IPC) rose by just 0.24% from February to March, putting the 12-month inflation rate at 3.14%, down from 3.37% in February.</p>
<p>According to the National Administrative Department of Statistics (<a href="https://dane.gov.co/" target="_blank" rel="noopener">DANE</a>), this marks the fourth straight month of decline, with the rate now nearing the ideal rate of the Colombian central bank, which has set a target range of between 2%-4%.</p>
<p>The drop is even more pronounced compared to March 2017, when inflation hit 4.69%.</p>
<p>Month-over-month, the most significant change came in entertainment costs, which actually fell by 0.39% during March. Prices for communication (no change) and education (up 0.03%) were also nearly flat, while food prices (0.15%) were up slightly.</p>
<p>The largest increases were seen in healthcare (0.90%), housing (0.40%), and transportation (0.34%).</p>
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