March 24, 2023
Category: COLOMBIA
IMF Executive Board Concludes 2023 Article IV Consultation with Colombia
March 24, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Colombia on March 22, 2023. Benefiting from an effective policy response…
IDB Invest Promotes the Sustainable Growth of Colombian Companies with Credicorp Capital
March 10, 2023 IDB Invest signed an investment commitment of up to 192.4 billion Colombian pesos (approximately $39 million) in the private debt fund “FCP Credicorp Capital Private Debt I”,…
Exporting Amazonian Copoazú: A Journey to International Markets
March 10, 2023 This story begins sometime in January 2024. A Boeing 737-300F from the city of Leticia, deep in the Colombian Amazon, lands on runway 13 left at El…
Colombia will Host the World’s Summit of Development Banks in 2023
February 17, 2023 Bancóldex, Colombia’s business development bank, will host, together with the Inter-American Development Bank (IDB), and the Latin American Association of Financial Institutions for Development (ALIDE), the fourth…
Colombia: Staff Concluding Statement of the 2023 Article IV Mission
February 14, 2023 The new administration took office in August 2022, with social equity and climate at the center of its agenda. Against a backdrop of high inflation and elevated…
Colombia’s Largest Business Matchmaking Forum Seeks to Strengthen Trade Relations with the United States
February 7, 2023 On March 22nd and 23rd, the Ministry of Trade, Industry, and Tourism, along with ProColombia, the agency in charge of promoting Colombian exports internationally, will host the…
Colombia Promotes More Efficient and Sustainable Energy in Caribbean Region with IDB Support
January 24, 2023 The Inter-American Development Bank (IDB) approved a $34.5 million loan to finance an energy efficiency program for the residential and public sector in the Caribbean coast area…
IDB Invest, Bancolombia Announce the Region’s First Sustainability-Linked Bond Issued by a Bank
October 28, 2022 Funds will help more than 1.5 million low-income unbanked people and help reduce CO2 emissions IDB Invest and Bancolombia announced the first sustainability-linked bond, or SLB, issued…
COLOMBIA: Joint IMF-RFAs Press Release on the 7th High-level RFA Dialogue
October 14, 2022 The seventh High-level Regional Financing Arrangements (RFAs) Dialogue was held on 12 October 2022 in Washington DC amidst a highly uncertain global outlook and slowing growth. The…
Drilling of ultra-deep-water Gorgon-2 well confirms the extension of the gas province in the Colombian Caribbean
August 19, 2022 Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) announces that the Gorgon-2 well proved the presence of gas in ultra-deep waters in the southern Colombian Caribbean, confirming the importance of this…
Colombia: Financial Sector Assessment Program-Technical Note on Risk Analysis
June 7, 2022 The Financial Sector Assessment Program (FSAP) risk analysis work was conducted in the aftermath of the initial COVID shock and subsequent lockdowns, and while a strong economic…