Search

A country report for Andean countries including Colombia, Peru, and Ecuador is presented from publisher Fitch Solutions, with topics including economic condition, political structure, and banking system.

The article focuses on the Latin America Monitor Andean which includes macroeconomic data release by Banco Central de Venezuela, economic growth in Colombia.

A country report for several Latin America countries including Venezuela, Colombia, and Ecuador is presented as of 2019 from publisher Fitch Solutions Macro Research with topics including economic crisis in Venezuela, business forecasts of Colombia, and external accounts in Ecuador.

A country report for Andean region of Latin America is presented from publisher Business Monitor International Ltd. (BMI), with topics including current account deficit in Colombia, corruption in Peru, and social and political crises in Ecuador.

The article features issue number three of the periodical Latin America Monitor which discusses the political risk and macroeconomic prospects of the Andes region of South America, Colombia's gross domestic product growth, and Peruvian sol to weaken against U.S. dollar.

The article presents an update and analysis of fixed income, foreign exchange and equities in Asia, Europe, the Middle East and Africa, and Latin America as of October 2014. Topics include the status of investor perceptions of Bolivia following the reelection of Bolivian President Evo Morales, forecasts on global steel prices amidst the booming steel exports from China, and forecasts on the impact of U.S. dollar strength on the Colombian peso.

The article offers information about the economic forecast for Colombia in 2012. It mentions that the forecast for 2012 central government nominal fiscal deficit was revised from 3.1% gross domestic product (GDP) to 2.2% of GDP, which is supported by a strong projection for revenue growth. Moreover, it notes that there are several factors to support revenue growth like rising tax receipts and elevated oil price, which help inform the forecast for revenue to increase by 11.0% in 2012.

The article presents Business Monitor International Ltd.'s (BMI's) forecast for real gross domestic product (GDP) growth in 2012 in Colombia. BMI forecasts real GDP growth in 2012 to be at 4.7%, and expects the growth to remain strong into H112. Private consumption and fixed investment supported by strong foreign direct investment are expected to drive this growth.

The article offers the forecast by Business Monitor International Ltd. (BMI) on economic condition in Colombia in 2011. BMI discusses the expected fiscal deficit-to-gross domestic product (GDP) ratio as -3.6% and narrowing to -3.1% in 2012. BMI highlights the positive impact of fiscal restraint initiatives by President Juan Manuel Santos to fiscal balance which include developing legislation , increasing production of oil to 1.15 million barrels per day (b/d), and controlling government debt.

The article forecasts the economic condition of Colombia from 2009-2012 provided by the Business Monitor International Ltd. The Colombian petroleum is forecasted to improve over the years which are driven by petroleum exports value. It also notes the role of President Juan Manuel Santos which made the country one of the most attractive investment destinations in Latin America. Moreover, the country's balance of trade in goods and unemployment is also discussed.

The article presents updates on commercial banking sector in Colombia. It provides information on the condition of the banking sector to avoid the collapse of the domestic economic outlook from uncertain environment to stimulate lending activities. It also reveals the country's total assets as a percentage of gross domestic product (GDP) which reached from 40.9% in 2000 to 46.8% in 2008.

The article presents a forecast of Colombia's economic outlook for 2008. Colombia and Panama are racing to become the next in Latin America to have investment grade status from the major ratings agencies. Experts favored Panama to have a slight edge over Colombia because of its more market friendly policies and impressive growth performances as well as its five-year credit default swap.

The article reports on the economic condition of Colombia in 2007. According to the Business Monitor International (BMI), the country's economy has displayed remarkable resilience in the face of the central Bank's aggressive monetary tightening program. From the 2006 impressive performance, the real gross domestic product (GDP) has again surpassed expectations in the first quarter of the 2007. BMI revised the year-end growth forecast from 5.2 percent to 6.0 percent.

The article reports on the robust expansion of the economy in Colombia. The gross domestic product was reported about 5.96 percent year-over-year in Q206. The expansion was well above market expectation because of the surge in investment and the booming construction sector. These solid investments have played a lead role with gross fixed capital formation increasing by 31.68percent. The consumer confidence and the retail industry have remained in a positive trend.

The article discusses the challenges faced by Colombia despite getting $10.19 billion in foreign direct investment (FDI) in 2005. Although this record includes SABMiller's $4.2 billion purchase of Colombian brewery Bavaria, a significant increase in FDI inflows was still seen in the country, following President Uribe's re-election and his promised improvement in the business environment. Colombia's infrastructure, institutions and market orientation are discussed.

Presents a tabular representation of foreign exchange data from emerging markets as of January 4, 2005. Foreign exchange rate of the Brazilian real against the U.S. dollar in December; Changes in the short term interest rates of Chile; Rate of the Colombian peso by the end of 2003.

The article informs that following an impressive 2003, when the Colombian economy posted strong gains on the back of vibrant construction and mining sectors, growth figures for H104 have remained strong. According to the central bank, all of the main economic sectors recorded annual growth in the first quarter, with the construction and mining sectors again leading the expansion (up 12.1% and 5.6% respectively). According to the national statistics institute, DANE, national unemployment came down to 12.9% in July, the lowest figure recorded this year and a substantial improvement on the 14.3% rate recorded in July 2003. Since 1999, however, inflation returned to single digits and has gradually moderated since then, ending 2003 at 6.5% y-o-y.

Highlights the performance of various countries in the foreign exchange market as of August 16, 2004. Argentina; Brazil; Chile; Colombia.

A definite pattern emerged during 2003, whereby the Colombian government regularly revised its original real gross domestic product (GDP) growth forecast of 2.0% year-on-year (y-o-y). Indeed, even the final adjustment in January, 2004 to 3.5% y-o-y underestimated Q403 expansion of 4.5% y-o-y, which pushed full-year growth to 3.7% y-o-y. Building on this result, Director of National Planning Santiago Montenegro stated that real GDP growth was likely to come in at 4.2% y-o-y in Q104. This was higher than Finance Minister Alberto Carrasquilla's April,2003 estimate of 3.8% y-o-y. Although the sectoral breakdown is not due for release until later this month, Montenegro stated that he expected expansion in most key economic sectors.

After six months of exploratory peace talks with the government, the Autodefens as Unidas de Colombia (AUC), an umbrella group of various right wing paramilitary factions, has promised to start demobilizing its troops. The group has stated that this process will be initiated by year-end and that it will engage in continued negotiations with the government of Álvaro Uribe. The government's strong focus on political and state reforms can be reflected in a significant reduction of the fiscal deficit over the next few years.

This article forecasts the economic condition of Colombia for 2003. In view of the economic risks faced by the country, the growth forecasted for 2003 is 2.1 per cent. President Álvaro Uribe has won congressional backing for his package of labour, tax and pension reform, the main benefit of which is expected to be fiscal. Amongst the measures approved in congress are an extension of the VAT base and the imposition of income tax on previously exempt products, which together should net surplus revenues equivalent to around 1.1% of GDP in 2003, rising to 2.0% by 2008. Uribe plans to call a referendum in 2003 to get public approval for his structural reforms, which is expected to create extra revenue of around 0.7% of GDP.

Reports on the actions being taken by Colombian President Alvaro Uribe to improve the country's economic and political condition. Improvement in investor sentiments toward the country; Information on Colombia's stand-by loan from the International Monetary Fund; Discussion of the military successes of Uribe.

Focuses on economic recovery in Colombia as of December 1, 2002. Rise in consumer export goods; Indications of financial status from current demand pattern; Effects of value added tax on tax bills.

Reports on the expectation of a sluggish economic growth in Colombia. Percentage of decrease of growth forecast; Expectations of growth; Impact of the economic slowdown on the economy.

The article presents an economic outlook for Colombia for 2012. Growth rate for Colombia's real gross domestic product (GDP) is projected at 4.7%. It expects moderation in the country's private consumption as consumer stocks become less attractive. It notes the possibility of further profit growth for banks and higher stock prices amid expected policy rate cuts. Also expected is for peso weakness to offset the bullish impact of interest rate cuts on local debt.

The article offers information about the currency forecast for Colombia. It mentions that the country's fixed investment status will remain stable in 2012, assisting to reinforce the 4.7% real gross domestic product (GDP) growth forecast for 2012. Moreover, the central bank's failure to stem the appreciation could see the unit head much lower provided by an insufficient strong technical resistance.

The article presents an economic outlook for Colombia. Business Monitor International Ltd. (BMI) has revised its end-2012 interest rate forecast from 4.00% to 4.75%, following the Colombian central bank's 25-basis-point interest rate hike in late January 2012. Authorities are expected to put the brakes on credit growth in order to stem demand side inflationary pressures.

The article discusses the economic forecast for Colombia from 2011 to 2012. It denotes the ongoing depreciation of the Colombian peso despite its valuation trend in September 2011. It cites the accommoditative measures of the country's central bank to replenish the currency's value. The revenue growth in the country is also forecasted.

The article presents a Business Monitor International (BMI) forecast for Colombia in 2011, with particular focus on the foreign exchange rate of the Colombian peso. The country's national currency is pulling back in recent market trading and is on its way to resume an appreciatory trend. The solid macroeconomics condition of the country is expected to boost high demand for the Colombian peso over the medium term. The BMI also forecasts strong growth in capital inflows to fuel the majority of the currency's appreciation.

The article presents a Business Monitor International (BMI) forecast for Columbia in 2011, with particular focus on the country's coffee production. The BMI has reduced its forecast on Colombian coffee production by 10 percent due to recent wet weather and increased prices of fertilizer. The weak output of coffee from the country will ensure a tight market condition in the first half of 2011. It cites the problems facing coffee farmers due the decline of coffee production in the country.

The article presents the economic outlook for Colombia by Business Monitor International Ltd. (BMI) in 2011. It forecasts that Colombian central bank (BanRep)'s schedule of currency intervention implied that monetary policy rate will stay on hold at 3.00% until early 2011. BMI concludes that policy rate hikes will be needed in 2011 with the uncertainty over intervention.

The article reports on the political, economic and business environment risks in Colombia including the country's continued benefit with an increased status within the international community, a decrease in Colombian coffee production for 2011 and a review of the country's infrastructure business environment ratings for Latin America.

The article discusses the Business Monitor International Ltd. (BMI)'s view regarding the possible status of economic rates in Columbia after the policymakers held rates at 3.50%. It says that BMI anticipates that rates will possibly remain on hold until H210, which will likely be followed by a moderate rate hiking cycle. It adds that the weak state of the economy has been affected by the economic pressure from the economic and political risk in neighbouring Venezuela.

The article offers issues with regards to the economic, political, and business sectors of Colombia. Colombia's exportation status will still suffer shortfalls in 2010. The murder and hostage incidents happened on November 1, 2009 were said to be part of the paramilitary actions that advocate to put down President Hugo Chávez Frias' leadership. Ruta del Sol has a promising future for five consortiums have presented bids for its realization.

The article offers an overview of the political, economic and business risks in Colombia, according to Business Monitor International (BMI) Latin America. Juan Manuel Santos resigned as a Colombian defence minister in order to run in the country's presidential election. Colombia, which came in sixth place based on BMI's proprietary sovereign risk ratings, garnered a 12-point decrease in its capacity to pay credentials. In business, Colombia can expect growth in its sugar-based ethanol industry.

The article presents a summary of the political, economic and business risk of Colombia. Gustavo Petro, coalition leader of Pólo Democrático Alternativo, has conceded to block the candidacy of Colombian President Àlvaro Uribe. The country has registered trade surplus in forecasting oil prices to remain subdued in 2009 with external accounts. The U.S. Trade Development Agency has appropriated US$1.2 million to support Colombia's infrastructure development.

An economic outlook for Colombia for 2009 is presented. The country was able to access the International Monetary Fund's (IMF) Flexible Credit Line on April 20. It is noted that the country is not in urgent need of the additional US$10.4 billion of funds. The Colombian peso has been volatile and indicators suggest it is heavily oversold against the greenback.

The article provides an outlook for the economic condition in Colombia for 2009. The administration of President Álvaro Uribe is expected to find it difficult to prevent a large fiscal shortfall amid the deteriorating outlook. The deficit is projected to widen with lower tax revenue and tighter credit conditions. The article sees a little chance for central government revenue to register positive growth. Uncertainty over the public sector's contribution to revenue is also mentioned.

The article presents the economic outlook of the Business Monitor International (BMI) for Colombia for 2009. BMI lowers its real gross domestic product (GDP) growth forecast from 2.1 percent to a negative 1.5 percent. BMI doubts how Colombia may have positive economic growth in 2009. BMI forecasts lower global oil prices may affect the government's fiscal accounts, and doubts the government's move to counter cyclical spending policies.

The article presents the risk summary of the political, economic and business conditions of Colombia by the Business Monitor International Ltd. (BMI). It states that the appointment by President Álvaro Uribe of two members to the board of BanREp may bring a blow to the independence of its central bank. BMI points on the impact of the global economic downturn on the country. BMI cites the weakening of the Colombian peso by ten percent since the later part of 2008 which may help exporters.

The article offers an outlook for the Colombian credit default swap (CDS) market for 2009. It expects the country to run substantial twin deficits in its fiscal and current accounts, which will expose the economy's reliance on international financing. Economic expansion could fall to its slowest pace as domestic demand starts to stall. CDS could underperform its peers and sovereign risk has yet to be fully priced into the CDS market.

The article offers information on the economic condition in Colombia in 2008. Public and private consumption saw a slump in year-on-year (y-o-y) growth, with private consumption fell to 3.1% y-o-y from 3.4% and public consumption fell to 1.7% from 3.2%. However, more startling is the slowdown in the growth in gross fixed capital formation (GFCF) down from 22.3% to 8.4%, helping bring the real gross domestic product (GDP) growth its lowest level in five years.

The article focuses on Colombia's political and economic condition in 2008. The government revised a reform that would strip the Supreme Court of its function to investigate congressmen implicated in the para-political scandal. The local government of Antioquia is planning a $750 million investment in roads in the province. Ecopetrol has declared that the Lisama Norte-1 well has struck oil and gas in San Vicente de Chuchurí, in the Santandar department.

The article focuses on the continuing weakening of the Colombian peso in the foreign exchange market. According to the authors, the performance of the Colombian peso could be a major bearish signal for the currency. The authors believe that the currency will continue to depreciate amid the world financial crises. The authors note the dependence of Colombia's balance of payments on high oil prices and foreign direct investment (FDI) from the U.S.