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Sovereign and corporate issuers in Latin America will be adversely affected by slower Chinese demand and commodity price weakness caused by coronavirus due to high commodity export dependence and direct trade exposure to China, says Fitch Ratings.

Moody’s Investors Service yesterday changed the outlook on the Government of Colombia to stable from negative. Concurrently, Moody’s has affirmed Colombia’s long-term local and foreign-currency issuer, senior unsecured debt ratings and foreign-currency shelf...

Fitch Ratings has announced today that it has affirmed Colombia’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB’ and revised the Rating Outlook to Negative from Stable. Colombia’s Negative Outlook reflects risks to fiscal consolidation and...

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.

"The forecasts for 2018 and 2019 are promising and are supported by stronger growth in Colombia’s trading partners,” stated ECLAC in its mid-year regional breakdown.

The 2.8% figure is the best result in any second quarter since 2015 and up from the 2.5% growth seen in the same period during 2017.

While the peace process and divisive politics in Bogotá will be thornier issues, Duque's management of the fiscal deficit will prove tricky even amid rising GDP growth rates.

This quarterly GDP growth represents an uptick from the meager 1.8% full-year growth in 2017 and is well above the 1.3% growth in the first quarter of 2017.

As with the nation at large, most areas of Colombia are struggling to achieve growth. But certain segments and indicators are showing positive signs.