April 5, 2022 Colombia’s economy rebounded strongly in 2021 with 10.6 percent growth led by pent-up domestic demand, notably private consumption. Around 66 percent of the population is fully vaccinated…
Category: COLOMBIA
Colombia: Financial System Stability Assessment
April 5, 2022 The pandemic led to Colombia’s largest recession on record, but the economy bounced back strongly in 2021. The banking system has so far weathered the shock well,…
IMF Executive Board Concludes 2022 Article IV Consultation with Colombia
March 29, 2022 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Colombia [2] on March 25, 2022. This also included a discussion of the findings of…
GEB improving the supply of reliable affordable electricity to Colombian consumers.
March 15, 2022 Grupo Energía Bogotá (GEB) is improving the supply of reliable, affordable electricity to Colombian consumers by using SmartValve™ technology in the Caribbean region of their network. This marks the second…
Colombia: Staff Concluding Statement of the 2022 Article IV Mission
February 18, 2022 Among the fastest recoveries in the region, Colombia’s economy rebounded strongly, driven by private consumption, in 2021. With progress on vaccinations and continued reopening of the economy,…
IDB Invest, Mibanco to Support Colombia’s Women-Led Microenterprises with Gender Bond
January 28, 2022 • This is the first social gender bond publicly issued by a financial entity in Colombia with IDB Invest taking on the role of anchor investor. IDB…
IDB Invest, Banco Mundo Mujer Promote Credit for Women Microentrepreneurs in Colombia
January 18, 2022 IDB Invest has granted financing to Banco Mundo Mujer S.A. (BMM) denominated in Colombian pesos, equivalent to up to $30 million. The three-year transaction will increase access…
IDB Invest Reignites Growth in Central America, Dominican Republic, Colombia Through New Fund
November 26, 2021 IDB Invest has invested $10 million in CASEIF IV L.P. (CASEIF IV), a new mezzanine debt and private equity fund managed by LAFISE Investment Management Ltd. (LIM)…
IDB Invest Signed Financing Deal for Colombia’s Puerto Antioquia
October 12, 2021 With the recent closing of financing for the construction of a port project in Urabá, IDB Invest contributes to strengthening the infrastructure and foreign trade of Colombia.…
IDB supports $15M in private participation arrangements in Colombia’s infrastructure
June 11, 2021 The Inter-American Development Bank has approved a US$15 million reimbursable technical cooperation loan to help consolidate private participation arrangements in Colombia’s infrastructure, improve the context of financing…
IMF Executive Board Concludes 2021 Article IV Consultation with Colombia
March 26, 2021 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Colombia on March 19, 2021. Colombia has been hit hard by…
Colombia: Navigating the Pandemic and High Uncertainty, while Securing the Recovery
By: The International Monetary Fund February 16, 2021 Faced by a pandemic that led to the largest recession on record—with vulnerable groups particularly affected—Colombia used the flexibility afforded by its…