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Colombia’s country risk continues to rise – Sectors – Economy

Colombia’s country risk continues to rise – Sectors – Economy

Since the pandemic, and after the loss of investment grade that Colombia suffered in 2021, the rate risk of the country has been hit.This Thursday, February 23, within the framework of the 'Economic Outlook 2023 Meeting', organized by Camacol, the co-director of Banco de la República, Jaime Jaramillo Vallejo, assured that throughout February the country risk of Colombia "shot up even more ”.(You can also read: 'The best lands are those seized by the SAE': José Félix Lafaurie) This is evidenced by the credit default swaps, or CDSFinancial derivatives that function as a thermometer of how investors perceive a country's…
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Weight of drug trafficking in the economy would be 4.5% of GDP – Economy

Weight of drug trafficking in the economy would be 4.5% of GDP – Economy

No communication media in Colombia ignored this week's news, according to which during January not a single hectare of coca was eradicated in the national territory. Beyond the explanations given by the Police, in the sense that contracting issues would have prevented them from starting to carry out this work on time, what happened represents a break with what is customary in a country that fights against illicit crops. The authorities maintain that the guard has not been lowered on this front. According to the Ministry of Defense statistics, throughout the first month of the year the number of laboratories…
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Weight of drug trafficking in the economy would be 4.5% of GDP – Economy

Weight of drug trafficking in the economy would be 4.5% of GDP – Sectors – Economy

No media outlet in Colombia ignored this week's news, according to which during January not a single hectare of coca was eradicated in the national territory. Beyond the explanations given by the Police, in the sense that contracting issues would have prevented them from starting to carry out this work on time, what happened represents a break with what is customary in a country that fights against illicit crops. The authorities maintain that the guard has not been lowered on this front. According to the Ministry of Defense statistics, throughout the first month of the year the number of laboratories…
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José Félix Lafaurie responds to Petro about the land – Sectors – Economy

José Félix Lafaurie responds to Petro about the land – Sectors – Economy

Of the total 20 million fertile hectares in the country, the government wants to give the peasants 3 million. For this reason, he worked on an agreement to buy land from ranchers and, so far, they have offered him just over 300,000 hectares. However, the Government says that it is necessary to increase the offer in order to advance in the agrarian reform. Even President Gustavo Petro will warn them that the agreement is "for now" and that it would be "sad" if it were not true. What José Félix Lafaurie, president of Fedegán, He replied that they are going…
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