Colombia’s President Juan Manuel Santos appointed the first minister to his new cabinet since being re-elected last month, according to a statement from the President late on Monday.
President Juan Manuel Santos told Colombia his administration’s roughly $90-billion budget proposal for 2015 is meant to “achieve peace with prosperity,” placing a special emphasis on social spending, according to local media.
Colombia has achieved a new record in investment rates for the first quarter of 2014, according to a press release from the Ministry of Finance on Thursday.
Despite back-to-back interest rate hikes by Colombia’s central bank, economic growth is accelerating with inflation within targets, reported US news service Bloomberg.
Thirteen officials from Colombia’s national tax collection agency (DIAN) were arrested Tuesday in conjunction with a $150 million embezzlement scheme, according to the Prosecutor General’s Office.
Colombia’s peso dropped slightly against the dollar on Tuesday following an announcement by the government it would buy dollars alongside the central bank to weaken the currency and support ailing…
Colombia’s Finance Minister will attend the Organisation for Economic Co-operation and Development’s (OECD) summit on Monday in an attempt to secure Colombia’s place as a member country, the ministry announced.
A high court has warned Colombia’s finance minister could spend two days in jail for allegedly disobeying a writ of protection, local media reported.
Colombia’s minister of finance defended the health care reform bill in front of the Constitutional Court on Thursday amid criticism from patients and advocates, reported local media.