The Moment of Truth

COLOMBIA - Forecast 23 Feb 2015 by Veronica Navas and Mauricio Santa Maria
Executive Summary This is likely to be a transition year for Colombia: the economy’s vulnerabilities will become apparent toward yearend, as reduced oil income subtracts from government revenues. Four crucial elements will determine the country’s path to recovery: first, oil and commodity price trends, now hitting the Colombian and Latin American economies; second, the health of public finances; third, the health of the financial sector and the level of corporate indebtedness; and lastly, household consumption, employment and debt. This report presents three scenarios for Colombia in 2015 t...

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Copyright 2024 GlobalSource Partners. All rights reserved. This forecast is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This forecast is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this forecast or its contents.