COLOMBIA
Analysts
Juan Carlos Echeverry
Former President of Ecopetrol, Finance Minister
Andrés Escobar Arango
Former Deputy Finance Minister
Mauricio Santa Maria
Former President of ANIF, Planning MinisterDatabanks
Recent Country Insights
Guevara’s headaches
COLOMBIA · Report · 23 Dec 2024
The 2024 congressional sessions didn’t end well for the government. First and foremost, Congress sank the mini-tax reform, the Ley de Financiamiento. President Gustavo Petro reacted badly to this, announcing that “the budget crisis will not be paid for by the people,” and promising to: 1) explore...
Slide presentation - Outlook for Colombia: Does all this add up?
COLOMBIA · Report · 13 Dec 2024
Get insight into the outlook for Colombia's growth, monetary and fiscal policy, and the positioning so far for the 2026 presidential election. Which industries are driving growth, and can they maintain momentum into year-end? What are the prospects for monetary policy into 2025? What is the poten...
Webinar replay - Latin America in 2025: How worried should we be?
COLOMBIA · Report · 06 Dec 2024
2024 was a volatile year for Latin America. Domestic political risks and fiscal risks in Brazil, Mexico, and Colombia compounded a complicated external environment. How challenging will 2025 be? What risks does the second Trump US presidency present for Mexico? How will increasing uncertainty im...
Bonilla asked to leave at a crucial juncture
COLOMBIA · In Brief · 04 Dec 2024
In light of the accusations regarding Finance Minister Bonilla’s involvement in mishandling public funds to obtain favors from Congress, President Petro asked for his resignation. In the afternoon hours of December 4th, Mr. Bonilla has agreed to do so. The timing could not be worse. The Financing...
Congress won in ill-advised regional transfers plan
COLOMBIA · Report · 04 Dec 2024
Q3 2024 growth at 2% was low in y/y terms, although higher than population growth, the lowest threshold to keep Colombia from getting poorer. Many things stand out. First, there is a base effect, because 2023 GDP growth was low, at -0.6% during Q3, and a very disappointing 0.6% for the year. Seco...
Decentralization dream could become a fiscal nightmare
COLOMBIA · Report · 31 Oct 2024 · 2 responses
Colombian Congress has a relatively good track record in fiscal prudence: an insane number of tax reforms have been approved over the last three decades; two fiscal rules and a fiscal responsibility law have been enacted; and fiscal sustainability was enshrined in the Constitution in 2011. There ...
The coup d'état that wasn’t
COLOMBIA · In Brief · 10 Oct 2024
On October 8th, 2024, The National Electoral Council (NEC), the body investigating possible financing infringements by the Petro presidential campaign, filed charges against president Petro, the campaign manager Ricardo Roa (current CEO of Ecopetrol), and other members of the campaign staff. That...
Webinar Replay - Colombia Macro, Politics and Reforms Update
COLOMBIA · Report · 04 Oct 2024
Visit our calendar page to to watch the replay of our webinar, "Colombia Macro, Politics and Reforms Update", which details economic conditions in Colombia, the country's political outlook and the forecast for reforms.
Slide Presentation: Colombia Macro, Politics and Reforms Update
COLOMBIA · Report · 03 Oct 2024
Get insight into economic conditions in Colombia, the country's political outlook and the forecast for reforms with the slide presentation from our webinar, "Colombia Macro, Politics and Reforms Update".