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The m/o/m decline of 0.3% points to a gradual slowdown in the Colombian economy.

Ocampo has been charged in the first instance with the completion of both a complex tax reform and a development plan by the end of the year.

Wingo says 90% of requests submitted via web are answered in the first 15 business days.

"Colombia and Pakistan are the only two 'normal' countries in the world..."

There is little question that the country is going in the right direction, even the unemployment data for September was considerably better than expected.

The last few days have featured the 2021 version of the Colombian Investment Summit and there has been plenty to reflect on.

The proposal allocates 209.1 trillion pesos for government operating costs, 2.6% more than this year, while proposed debt payments would rise 1.6% to 71.6 trillion pesos.

The outlook change to negative reflects risks that the economic and fiscal effects of the coronavirus shock, which Moody's identifies as a social risk under its ESG framework, may leave a lasting impact on Colombia's fiscal strength and its overall credit profile.

Further reductions to our growth forecasts for Chile (A/Negative) and Colombia (BBB-/Negative) due to the coronavirus pandemic will mean faster increases in budget deficits and public debt this year, Fitch Ratings says. The ability to develop credible medium-term plans to reverse...

According to Fitch Ratings, the Coronavirus COVID-19 Pandemic is causing a contraction in Colombia's economy, and severe fiscal pressure on the government.