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9 Aug 22
The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
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1 Jul 22
Colombian public finances are still not in the clear despite rising tax revenue and strong economic growth, the country’s fiscal rule committee has warned.
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4 May 22
The International Monetary Fund has approved a “precautionary” credit line for Colombia as it faces risks from inflation, in a bid to reinforce market confidence in the South American country.
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28 Mar 22
Colombia has agreed to borrow $830m to help fund education services and improve social mobility, including employment opportunities across the country, as the nation emerges from Covid-19.
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14 Feb 22
Government spending earlier in the Covid-19 pandemic has helped Colombia weather the economic storm better than many of its peers, but more needs to be done to make the growth sustainable, according...
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16 Sep 21
Colombia’s president has approved new tax reforms after lawmakers replaced proposals that sparked countrywide demonstrations against the government earlier this year.
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22 Jul 21
Colombia’s government has presented new tax reforms to replace earlier proposals that were scrapped amid mass protests.
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8 Jun 21
Stuttering tax reforms in Colombia need to raise more money than planned if they are to bring debt to a level conducive to a strong economic environment, a government advisory committee has concluded.
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4 May 21
Colombia’s finance minister Alberto Carrasquilla announced his resignation yesterday, after controversial tax reforms were scrapped following civil unrest.
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20 Apr 21
Proposed tax reforms will be critical to ensuring Colombia’s debt levels are stabilised in the medium-term, according to ratings agency Fitch.
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2 May 19
Colombia’s economy is benefitting from the political and social crisis in neighbouring Venezuela as migrants fuel demand for services.
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17 Dec 18
The Colombian government will increase its spending on higher education by $1.42bn over the next four years, in response to student strikes.
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3 Oct 18
The Colombian defence minister has said the government has no plans to buy an anti-aircraft missile defence system to modernise its air force because of budget constraints.
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8 Aug 18
Colombia has secured international financing for the development of a $4.3bn metro in the capital.
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21 Jul 17
The European Union is to support rural development projects in Colombia as part of efforts to ensure that the country’s peace deal holds between the government and former guerrillas.
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14 Jun 16
Colombia has more than doubled its billion-dollar line of credit from the International Monetary Fund in the face of growing global economic risks.
9 Aug 22The new Colombian government has proposed new levies on high earners and fuel exports to help fund poverty reduction schemes.
28 Mar 22Colombia has agreed to borrow $830m to help fund education services and improve social mobility, including employment opportunities across the country, as the nation emerges from Covid-19.
4 May 21Colombia’s finance minister Alberto Carrasquilla announced his resignation yesterday, after controversial tax reforms were scrapped following civil unrest.
