The decertification puts half a billion dollars of US security aid to Colombia at risk. Mafia & insurgent groups have flourished during the government of Gustavo Petro.
Promigas's free cash flow (FCF) is expected to remain negative in the short and medium term, continuing a five-year trend of structurally negative FCF.
Colombian President Gustavo Petro has been sore with Peru ever since his ally, former Peruvian President Pedro Castillo was removed from office in his "self coup."