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Colombia has decided to pause its electricity exports to Ecuador due to severe drought conditions. The Colombian Ministry of Mines and Energy issued a resolution to suspend power sales as a temporary measure. This decision stems from the critically low water levels in Colombia’s hydroelectric reservoirs. The suspension aims to prioritize domestic energy needs in […]
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Experts predict changes in Colombia’s key economic indicators for 2024, showing improvement from 2023. These forecasts include growth and challenges for the nation’s economy. The Bank of the Republic has missed its inflation target since 2019, aiming for 2% to 4%, with a specific goal of 3%. Inflation has been hard to manage. It dropped […]