Bulletin Real Time: Latest News

Expectation rises with the announcement of the Venezuelan Government to reopen the border with Colombia.

After a nearly three-year closure due to political tensions, the Venezuelan Vice President revealed the decision to reopen the boarder with Colombia. There is much anticipation to see if this is just a political move or will it have profound effects on the sensible migratory and economic situation of border cities on both countries.

World Bank revises Colombia's growth stating that it will lead the region in 2022.

The biannual report issued by the World Bank for Latin America and the Caribbean concludes that Colombia will be the leader in Latin America, with a 4.2% increase in its activities. The region as a whole is expected to grow by only 6.3% this year, virtually recovering from the 6.7% decline in 2020.

Moody's raised Colombia’s outlook to stable.

Moody's Investor Service assured that the decision reflects the expectation that the fiscal measures that were approved and that the post-pandemic economic recovery will support the stabilization of the debt. The Firm’s expectation is that economic growth will remain robust in the coming years.