Investment in Colombia News
While making a short stop in the country, Valerie Cerra, IMF's mission chief for Colombia, noted the country’s growth, strength, and progress regarding social indicators, which she attributes to the "correct implementation of a sound policy framework that enabled macro-economic stability and strong resilience against foreign impacts".
More than 50 private equity funds invested in the country between 2010 and 2015 worth $6 billion USD.
According to a report by PwC, Colombia is one of the countries with the best economic outlooks for the next 35 years, thanks to an increase in investment and improvements in education and technological development.
According to the National Administrative Department of Statistics (Departamento Administrativo Nacional de Estadistica, DANE), economic growth accelerated in 2014 compared to 2013, with an improvement of 4.3%. The GDP in 2014 was slightly under the expected growth.