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//minhacienda
Davivienda's Bogotá headquarters. Photo credit: Loren Moss
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Ecopetrol Borrows $700 Billion Colombian Pesos From Banco Davivienda

The loan from by the state controlled petroleum company from a Colombian private bank is roughly $180.3 million USD.
Posted On October 28, 2025
, By Loren Moss
Gustavo Petro.
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Gustavo Petro’s Fiscal Policies Threaten Colombia’s Macroeconomic Viability, According to Internal Government Report

CARF warns the government’s fiscal plan may be overly optimistic and insufficient to fully address fiscal challenges.
Posted On August 3, 2025
, By Loren Moss
Rainy day - photo: Loren Moss
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What Jumps Out : A Face For Radio

Colombia’s economy grows, but high rates and delayed tax collection hinder progress. Floods rise, La Niña looms, and the wage debate continues.
Posted On November 25, 2024
, By Rupert Stebbings
Minister Ricardo Bonilla. Photo by MinHacienda
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What Jumps Out… Seven Days, Seven Questions

Even without reform debates in Congress, there’s been a lot happening.
Posted On November 11, 2024
, By Rupert Stebbings
Standing from left to right: Camilo Baptiste (Partner Bonus Asset Management) and Daniel Umaña (President Due Capital and Services) Seated: Francisco Lozano (President FDN), Marisela Alvarenga (General Director of Business IDB Invest) and Mario Pardo (President BBVA Colombia)
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FDN Signs Agreement with BID Invest, BBVA, DUE Capital, and Bonus Gestión de Activos for Renewable Energy Projects in Remote Amazon Areas

These efforts aim to help protect the Amazon's fragile ecosystems and biodiversity while contributing to Colombia’s broader sustainability goals.
Posted On October 31, 2024
, By Loren Moss
Photo: UNGRD
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With One Dead Already, Widening Corruption Scandal Threatens Petro’s Presidency

The scandal ensnaring Gustavo Petro's administration revolves around a massive money laundering operation, bribes to politicians, and inflated government contracts.
Posted On October 23, 2024
, By Santiago Olivares Torres
Many empty bottles lined up in rows.
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In a Win for Health Advocates, Colombian Constitutional Court Upholds Tax on Sugary Drinks

Perhaps, instead of wasting time and money on lawyers, beverage companies should have spent their cash on R&D for new healthier products.
Posted On October 26, 2023
, By Rupert Stebbings
Banco de la Republica, the central bank of Colombia, in Bogotá.
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The Rate Cut Conundrum Facing Colombia’s Central Bank

Colombia's Finance Ministry and the National Business Association of Colombia (ANDI) have spent weeks and months asking for rate cuts. Will they get what they want?
Posted On September 26, 2023
, By Rupert Stebbings
What Jumps Out - Rupert Stebbings BVC
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What Jumps Out: Consumer Confidence Is Still Rising in Colombia

Fedesarrollo's consumer confidence data for June offers some encouraging numbers — but there is still a long way to go.
Posted On July 16, 2023
, By Rupert Stebbings
Above photo: «Ecopetrol» de Dvalencia – Own work, used under license CC BY-SA 3.0 vía Wikimedia Commons - https://commons.wikimedia.org/wiki/File:Ecopetrol.jpg#/media/File:Ecopetrol.jpg
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Ecopetrol Takes Out $1 Billion USD Syndicated Bank Loan

Ecopetrol says the loan will primarily be used to pay existing debt.
Posted On December 27, 2022
, By Loren Moss
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