The International Monetary Fund (IMF) updated its growth projections in Latin America. For Colombia, it increased its previous forecast from -8.2% to -7.9% in 2020. Similarly, from 4% to 4.6% in 2021.
According to Colombia's Central Bank, the national public and private external debt totalled $147,822 million in November 2020, 54.8% of GDP. The public sector had obligations for $82,994 million and the private $ 64,828 million. It represents an increase of 7.1% compared to the same month in 2019. However, it was lower than June 2020 when it hit the country's highest record, 55.6% of GDP.
The Consumer Confidence Index (CCI) dropped to -20.8% in January 2021 in Colombia, Fedesarrollo revealed. It was lower than in December 2020 when it fell to -10.4%, and quite far from January 2020 (-1.2% ).
Colombian Stockbroker, Acciones y Valores, launched its environmental capital fund, Fore. The first local private equity fund to issue carbon certificates to reduce greenhouse gasses emissions. The certificate price of emission starts at $ 2,800.
Standard & Poor's affiliate, SAM, listed several Colombian companies on its annual corporate sustainability assessment. SAM's yearly report considers companies across 61 industries listed in the Dow Jones Index. Grupo Nutresa, Bancolombia, Promigas, Banco de Bogotá and Grupo Argos, were some of the Colombian enterprises highlighted by SAM. The first two made it to the golden category of the assessment.