Boyacá has a royalty budget of CoP$893B to finance 522 projects. However, the fact that there are pending balances for an amount of CoP$86B in 40% of the department’s municipalities is a cause for concern by local authorities.
National government presented the “Crecimiento verde” (green growth) strategy. This mission will provide tools to meet pollution targets and implement OECD recommendations. The Ministry of Mines and Energy will join this initiative.
It seems like Farc’s mobilization to the concentration rural areas has been successful so far. However, there is concern among public officials over those who are coming to take the Farc’s place in the areas they dominated for decades.
Our summary statistic went up, but the components acted, well, unexpectedly. As often happens, our qualitative assessment of the month is different from the quantitative.
This week’s “From our Analyst’s Desk” deals with market concentration, an economic concept regulators use to decide if there is or is not sufficient competition in an industry. That was a Colombia-wide view. Here we break down the results by basin.
The Colombian press revealed an investigation with the names of those who, during negotiations with Glencore, approved the entry of CB&I as Reficar’s construction engineering firm.