Colombia Articles & Analysis

Following a landmark peace agreement and a late-2016 tax reform package, 2017 looks to be a year of significant promise for Colombia. The country has been in recovery since the 2014 collapse in oil prices, which predominantly affected exports, government revenues and the exchange rate. However, with the external sector acting as a shock absorber, the authorities helped ensure that domestic demand was able to pick up some of the slack.

 

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La necesidad de reducir el déficit y mantener la calificación de crédito soberano de Colombia ante una posible bajada de categoría ha impulsado al Gobierno a intentar conseguir una mayor inversión que mejore la deuda pública en su plan presupuestario más reciente.

Los sólidos resultados del primer trimestre, junto con la mejora en las condiciones climáticas y las nuevas inversiones, han dado un preciado impulso a los agricultores y la economía de Colombia en los últimos meses.

 

Industrial growth has given Colombia a strong internal mechanism for development and an effective way to supply internal demand.

 

What are some challenges to the growth of the agro-chemical industry in Colombia, and which areas should be targeted for development?

 

Growth of the economy has translated into an expansion of disposable income for some segments of the Colombian population. Consequently, the retail sector has been developing at an unprecedented speed. This has led to an expansion of the fast-moving consumer goods (FMCGs) segment and a vast increase in modern retail space across the country....

Chapter | Industry & Retail from The Report: Colombia 2017

Industry is set to remain an important part of Colombia’s economy, not only for its capacity to create employment, but also for its significant impact on regional development. However, manufacturers face a challenging domestic environment due to fiscal reforms, which are likely to reduce consumer expenditure in 2017. Still, the devaluation of the peso has made the country’s exports more...