Outlook Economy

This has a clear explanation: the good performance of the Colombian economy has been generating an improvement in the economic situation of the population that is reflected in the growth of consumption. The Outlook for consumption is positive. I don’t see signs of a slowdown in consumption of Colombian families. Even from the point of view of the investor, a market growth and with much space is seen to grow. And if the economy grows well and strengthens domestic demand, investment is an optimal stage of development. And if macroeconomic stability is added to institutional stability, much better. This is what explains what has been happening with the investment in Colombia, which has been growing at double-digit rates in recent years. Up to here, well come with the evolution of the Colombian economy, which is in economic growth, the improvement in consumption and a higher level of investment a vicious but: there are pockets of concern? I understand that Yes and that outbreaks of concern that remain are by the side of the external accounts and the inflationary front nothing It was unusual in relation to the situation of the rest of Latin American countries.

In regard to the external sector, while in the first two months the Colombian trade balance recorded a surplus of US $42.6 million, Colombia is being affected negatively by what’s happening with two of its main trading partners: USA.UU. and Venezuela. I don’t think add anything new when I say that the negative impact from the United States.UU. it comes from the effects of the crisis that the economy of the North, while the approval until the moment of the FTA by the US Congress.UU. It is making him lose to Colombia many opportunities for growth. In the case of Venezuela, tensions between the Governments of Uribe and Chavez on the issue of the FARCs have had their effects on this aspect, although dependence on Colombian products Venezuela has avoided the negative effect will be greater.