New Cabinet Includes a Weak Economic Hire

COLOMBIA - Report 22 Aug 2014 by Veronica Navas and Mauricio Santa Maria

Executive Summary President Juan Manuel Santos’ second-term priorities are state reform, especially to eliminate a president’s ability to run for a second consecutive term; to raise tax collection by at least 2 pp of GDP; and to conclude the FARC peace negotiations. A deal on the latter should be put to public referendum, likely approved by Congress between March and June 2015, with voting in H2. Other key campaign promises likely to be on the political agenda include labor reform to raise the wages of formal employees (undoing a 2002 Uribe labor reform); educational reform, to improve the ...

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