In 2020, the flow of remittances was $6.9 billion, which represented an increase of 2.5% compared to the $6.7 billion reached in 2019.
In December 2020, household confidence in the economy deteriorated compared with previous months. Last month the Consumer Confidence Indicator (CCI) stood at 33.7%, compared to 34.4% in November and 34% in October.
Due to the effects of the pandemic, the government designed a plan to generate employment. More than 500 investment projects for Col$176 trillion ($49.15 billion) were reviewed that will generate two million jobs in the next two years, said Diego Molano, director of the administrative department of the Presidency.
The superintendent of Public Services, Natasha Avendaño, reported that the nation assumed liabilities of Col$7.3 trillion ($2.04 billion) from Electricaribe. A total of Col$4.8 trillion ($1,34 billion) corresponds to liabilities and Col$2.5 trillion ($698,3 million) to pension liabilities.
Mibanco received a capital injection of Col$75 billion from Credicorp Holding Colombia, part of the Credicorp Group. This money is intended to strengthen the foundations for the responsible growth of the operation and will drive the Bank's digital strategy.