Investments and Business

Amid rising country risk levels, Foreign investors sold 4.2 trillion pesos in Treasury Bonds (TES) in February, the highest data reported in a month. Thus, the balance of foreign investment in our public debt fell to 116.3 trillion pesos.(You can also read: Pension reform: proposes four pillars to transform the system) He Director of Public Credit, José Roberto Acostamake sure that this behavior was explained as a result of an external situation where the risk appetite for emerging economies such as Colombia has slowed due to the abrupt increase in US Treasury rates above 4 percent.However, some analysts also related…

Colombia is increasingly in debt abroad. According to the latest data from the Bank of the Republic, as of December 2022, the Total external debt of the country reached 184,118 million dollarsthe highest figure reached, which represents 53.4 percent of the gross domestic product (GDP).The set of obligations that Colombia has towards other countries or institutions had an increase of 2.06 percent compared to the data from last November (180,394 million dollars) and shot up 7.48 percent compared to the same period of the previous year. (171,303 million dollars).(You can also read: Pension reform: proposes four pillars to transform the…

The Ministry of Finance and Public Credit rejected that in the current list of people selected by the Steering Committee to continue with the election process of the next FNC General Manager there is only one woman.(In context: The seven selected for the position of manager of Fedecafé). After analyzing the 45 resumes, there are six men in the competition and only one woman, Sandra Morelli Rico, former comptroller general of Colombia. According to the Steering Committee, the election process for the next general manager of the National Federation of Coffee Growers (FNC) was in a democratic environment of coordination,…

On the morning of this Thursday, it was learned that the Superintendence of Transportation sanctioned the Aguadulce Industrial Port Society with a fine that exceeds 2,285 million pesos. After making this sanction public, the port company assured that "it has never interrupted the continuous and efficient provision of the service, nor the performance of the non-intrusive inspection of cargo entering the terminal, which has been certified by the Anti-Narcotics Police within the administrative investigation process". (Read also: Million-dollar fine to the Aguadulce Industrial Port Society in Buenaventura) What has been stated by the port company is contrary to what SuperTransporte…