Lack of investment darkens growth prospects in Colombia. The country closes 2023 with an anemic GDP increase of 0.6% and a dizzying drop in the execution of the infrastructure sector.
The Government is the first facilitator and guarantor of the market on the ground. Their task is to send effective political signals to spur investment, growth and create jobs.. High interest rates (the reference rate of the Bank of the Republic is 12.75%, and for almost all of 2023 it remained at 13.25%) have made access difficult to credit.