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Private investment plummeted 24.8% annually in Colombia in 2023, one of the reasons behind the economy's slowdown to 0.6% output growth, about half of what was expected. Gross domestic product ...
BOGOTA (Reuters) -Colombia's government proposed on Monday a 523 trillion peso ($130 billion) 2025 budget to lawmakers for their consideration, the finance ministry said in a statement, as ...
Colombia's minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking the figure to 1.3 million pesos ($340) per month. The increase in the minimum wage ...
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [19] and the third-largest economy in South America. [20] [21] Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs. Between ...
Colombia will need to spend up to 2 trillion pesos ($487 million) to repair around 580 bridges that are in critical condition, investment that would leave the country with a significant deficit ...
BOGOTA (Reuters) -The Colombian Senate's economics committee threw out the government's proposed 2025 budget on Wednesday, arguing the Andean country will not be able to raise the proposed sum ...
Colombia's President-elect Ivan Duque has promised to unite a divided country behind his plans to toughen a peace accord with Marxist rebels and to rekindle economic growth, but he will face major ...
BOGOTA (Reuters) -Plenaries in Colombia's lower house and Senate on Thursday both approved a request from the leftist government of President Gustavo Petro to increase the debt ceiling to $17.6 ...