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Iván Duque

The board of directors of the Banco de la República de Colombia decided by a majority of six votes to one to maintain interest rates at 1.75 %, as reported in a statement by the entity after its monetary policy meeting. Among other factors, the entity took into account that inflation at the end of…
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Colombia expands Solidarity Income program

The President of Colombia, Iván Duque, reported this Wednesday the government's decision to extend the "Solidarity Income" program until December 2020, which has a bonus of 160,000 Colombian pesos, which is equivalent to USD 43 monthly,…

Colombia declares itself in economic emergency

Colombian President Iván Duque announced the economic emergency in the country as a measure to fight the consequences of the coronavirus. "We have declared a new economic emergency in the country to continue attending to the effects of the…