Colombia's government on Tuesday said it swapped 4.3 trillion pesos ($1.2 billion) in domestic debt, to extend the expiry of securities which had been set to come due this year. The swap extends the median life of Colombia's debt portfolio from 8.29 years to 8.43 years, the finance ministry said in a statement.
Under the Debtor Support Program (PAD), established in August 2020, 2.04 million bank clients have redefined their mortgages for $ $10 billion (COP 35.9 billion) in Colombia. Most renegotiations are for credit card debt, reaching 1.29 million borrowers with $1.9 billion (COP 6.498 million).
Gas transporter, Promigas, reported yesterday its 2020 financial statement. The net profit comprised $304 million (COP 1.1 billion), and its Ebitda was $509 million (COP 1.9 billion). These results exceeded its fiscal projection by 133%. Last year, Promigas transported 458 million cubic feet of gas, serving 48% of the total volume in Colombia.
According to the Bogotá Chamber of Commerce (CCB), 15,052 companies were established in Colombia's capital in the first two months of this year. It represents a 14% decrease compared to the same period in 2020.
The Public-Private Partnership for Colombia's largest river's navigability, along the Magdalena river, expects to invest $ 392 (COP 1. 4 billion), revealed Manuel Felipe Gutiérrez, president of the national infrastructure agency. This partnership will repair defensive bulwarks, submerged dikes, and cladding works along the river.