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Tag

//Gustavo Petro
Taxation chief Luís Carlos Reyes (left) & Finance Minister José Ocampo
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Colombia’s Tax Reform Passes, Peso Plunges Past 5,000 Per US Dollar, Church Tax Defeated

The bill imposes new income taxes on Colombians earning more than $2,000 per month, plus petroleum & mining exports.
Posted On November 4, 2022
, By Loren Moss

Colombia Business News Recap – Halloween 2022 Edition (Scary Stuff!)

This past week: Nationwide protests, the falling peso, land redistribution, Ecopetrol, Petro's pal Lula, Quintero's Hidroituango crisis, & more!
Posted On October 31, 2022
, By Loren Moss
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What Jumps Out: Busy Week Ahead

Last week ended with the Central Bank increasing rates from 10-11%, fully as expected but FinMin Ocampo was part of a unanimous vote of 7-0 despite public comments suggesting rate increases wouldn’t slow supply side inflation. His reply was that he wanted to help the...
Posted On October 31, 2022
, By Rupert Stebbings
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What Jumps Out: Waiting For BanRep

The Central Bank will sit down shortly over fine Colombian coffee and, no doubt, a few cheeky pastries to discuss what to do about interest rates. The current 10% is not going to get the job done and the consensus is for a move to 11%. The question that remains is whether that is...
Posted On October 28, 2022
, By Rupert Stebbings
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What Jumps Out – The Peso

Perhaps the biggest concern is the perception of mixed messages between President Petro and Finance Minister Ocampo.
Posted On October 21, 2022
, By Rupert Stebbings
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Interview: Colombia Gold Symposium Is Returning – Bigger & Better – as CGS Medellín 2022

Formerly known as the Colombia Gold Summit, CGS Medellín is back bigger and better for 2022. Watch this video for details.
Posted On October 12, 2022
, By Loren Moss
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What Jumps Out: The Week Ahead

The Peso closed Friday at $4622 close to record lows after Thursday President Petro made mention of taxing "hot money."
Posted On October 11, 2022
, By Rupert Stebbings
Secretary of State Antony J. Blinken tours Fragmentos Museum and delivers remarks at a signing ceremony to support the comprehensive implementation of the Ethnic Chapter of the 2016 Peace Accord, with Colombian Vice President Francia Márquez, in Bogota, Colombia, on October 3, 2022. [State Department photo by Ron Przysucha/ Public Domain]
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US Secretary of State Antony Blinken Meets With Colombian VP Francia Marquez, Pledges Support For Indigenous & Afrocolombian Victims of Violence

Secretary of State Blinken pledged US support for implementation of the ethnic chapter of the 2016 Peace Accords.
Posted On October 4, 2022
, By Loren Moss
Gustavo Petro and Anthony Blinken (US State Department Photo)
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Colombian President Gustavo Petro Hosts US Secretary of State Antony Blinken

The two discussed antinarcotics, Venezuelan & Cuban relations, the Peace Process, immigration, and human rights.
Posted On October 3, 2022
, By Loren Moss
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What Jumps Out: Weekly Review

The m/o/m decline of 0.3% points to a gradual slowdown in the Colombian economy.
Posted On September 23, 2022
, By Rupert Stebbings
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