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The suspension is due to the lack of a credible fiscal plan under Colombia's current presidential administration.

Colombia plans a tax hike to raise revenue, but critics warn of a fiscal cliff in 2026 and question lavish spending abroad.

The Chinese consortium building the Bogota Metro is expected to be hit with daily fines after missing the May 5 deadline to submit final designs.

Luis Fernando Mejia offers a candid view of the nation's competitive challenges, the cloud of corruption that Odebrecht has created, and the future of regulations in Colombia.

Mejía, an economist, had been serving as deputy director of DNP and joined the agency in September 2012.