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Colombia’s Central Bank (BanRep) released Foreign Direct Investment (FDI) figures during 2Q22. Here are the details.

The Minister of Finance (MinHacienda), José Antonio Ocampo, spoke about the tax reform, and made a request to the country’s oil sector.

Irene Vélez, Minister of Mines and Energy (MinEnergia) participated in the National Mining Congress, where she made a request generating great controversy.

The State Council decided on a legal action seeking to ban Fracking Pilot Projects (PPII).

The Minister of Mines and Energy (MinEnergia), Irene Velez, spoke about the energy transition process and the country’s energy sovereignty.

Energy sector associations called on the government to allocate enough resources from the 2023 General Budget (PGN) to cover energy and gas subsidies for 2022 and 2023.

The Minister of Mines and Energy (MinEnergia), Irene Vélez, presented a new sector’s budget proposal, with a considerable increase.

Silk Investment Banking spoke about the response of investors to President Petro’s tax reform.

President Petro’s tax reform continues to generate debate in Colombia. This time, the Federation of Biofuels (FedeBiocombustibles) talked about the possible dismantling of gasoline subsidies.

The Institute of Political Science (ICP) highlighted the economic and social benefits of implementing the fracking technique in Colombia.