Colombia News » Bogota News Colombia » Bogota » Finance: Colombia's finances declared 'unsustainable' by IMF — the picture for Colombians sending money home
The IMF declared Colombia's finances unsustainable on Oct. 16. Here's what the deficit, the energy crisis, and a shifting peso mean for remittance senders.
News Colombia » Bogota » Finance: Procedural flaw threatens Colombia's 2027 budget
BOGOTA, Oct 21 (Reuters) - The 2027 budget bill approved by the Colombian Congress on Tuesday could be scrapped due to a procedural flaw linked to a discrepancy in the text, lawmakers said. If next ...
News Colombia » Bogota » Finance: Colombia Congress approves 2027 budget as fiscal strains deepen
BOGOTA, Sept 14 (Reuters) - Colombia's Congress on Monday approved the government's 2027 spending budget of 634.9 trillion pesos ($206.6 billion), amid a sharp deterioration in public finances that is ...
News Colombia » Bogota » Finance: Colombia to enact 2027 budget by decree after congressional process fails
BOGOTA, Oct 21 (Reuters) - Colombia's government said on Wednesday it will enact its 2027 budget of 634.9 trillion pesos ($198.83 billion) by decree after a procedural error in Congress derailed final ...
News Colombia » Bogota » Finance: Colombia holds IMF financing talks as fiscal strain mounts, sources say
One focus of the previously unreported discussions was whether Colombia could secure funding on better terms as it confronts soaring borrowing needs and widening deficits, said the sources, who ...
News Colombia » Bogota » Finance: Banco de Bogotá Financing Hits US$50M
The Banco de Bogotá financing from IDB Invest starts at US$50 million for small firms and can reach US$70 million, with an Amazon credit plan.
News Colombia » Bogota » Finance: Colombia Central Bank Raises Rates to 11.25%, Government Withdraws From Board
BOGOTA, March 31 (Reuters) - Colombia's central bank raised the benchmark interest rate on Tuesday for a second consecutive policy meeting, to 11.25%, while the government withdrew from the bank's ...
News Colombia » Bogota » Finance: Colombia economic growth forecast at 1.8% in 2024 -finance minister
BOGOTA, Jan 4 (Reuters) - Colombia's economy is forecast to grow 1.8% in 2024, while inflation is expected to slow to 5%, paving the way for the central bank to cut its benchmark interest rate to some ...
News Colombia » Bogota » Finance: Colombia Data Center Market Portfolio Analysis: Existing and Upcoming Facilities, 2026-2031 | IT Capacity to Exceed 200 MW, Unlocking Colocation Investment Opportunities
Bogotá dominates Colombia’s data center landscape, led by ODATA, Equinix, Cirion and KIO, with Tier III facilities signaling a maturing digital infrastructure marketDublin, Sept. (GLOBE NEWSWIRE) -- ...
News Colombia » Bogota » Finance: Exclusive-Colombia holds IMF financing talks as fiscal strain mounts, sources say
BOGOTA, Sept 28 (Reuters) - Colombia has held talks with the International Monetary Fund in recent weeks, including discussions on possible financing, as the government races to contain a deepening ...