The Colombian Comptroller General´s office reported that the debt balance of the Central National Government rose from $ 143.6 billion in 2019 to $ 174.2 billion in 2020, or 59% of GDP (up from 46%). Public sector debt increased from $ 607 billion to $ 215 billion as a result of the coronavirus pandemic.
This agreement, which will be signed for several solar PV energy projects totalling 76 MWp in Colombia, will be progressively assigned to Celsia's commercial activities from 2022 over a period of 15 years, although they would be activated at the time of starting operation of each plant. When the plants are operating, they will generate enough energy to supply electricity to 36,000 homes, saving 50,000 tons of CO2 per year.
The Corporación Interamericana para el Financiamiento de Infraestructura (CIFI), a regional infrastructure lender based in Panama, said it sold $29.7 million worth of three-year bonds in the Colombian market, according to a securities filing. CIFI priced the new 2023 notes with a fixed rate of 6.8%, raising money to finance the expansion of its loan portfolio, the non-bank lender said in the filing.
Colombia’s highway authority Invías has awarded three roadworks contracts worth nearly $76 mn, which entail works on 745km of roads in Santander, Norte de Santander and Boyacá departments.
Colombia will receive its first shipment of COVID-19 vaccines developed by Pfizer Inc and BioNTech SE in February, the country health ministry said on Monday. The 1.7 million doses are enough to vaccinate about 850,000 people as each requires two doses. First in line for inoculations will be healthcare workers and those over 80 years old, officials said in a statement. Colombia will provide COVID-19 vaccines for free under its national vaccination plan, but is also preparing rules to allow people to purchase the vaccine privately, the ministry said in a statement.
Colombian State owned Ecopetrol reported that the liquidation process of its subordinate ECP Germany Oil and Gas GmbH, in which it indirectly owned 100% of the shareholding, culminated in this December with the annotation of this fact in the German commercial register. The exploratory activities carried out in the area did not allow proving the existence of hydrocarbons in the blocks, therefore in 2018 it was decided to proceed with the liquidation.