Olga Serna is Principal Economist in the Colombian BBVA Research team, in charge of monitoring and analyzing strategic regulatory developments.
She holds a BSc in Finance and International Affairs from Externado de Colombia University, a graduate study in Actuarial Science from the Nacional de Colombia University, and an MBA from the New York University.
Previously, she worked at the Colombian Resolution and Deposit Insurance Authority (Fogafin) as Head of the Deposit Insurance System leading a group of experts in banking and financial stability.
Transferring money or making a payment should be as easy as moving money from one pocket to another, without the hassles and risks of cash. The Colombian authorities and in particular the central bank have been working on a new payment system that promises to be easy, immediate, cheap and 24/7.
The Colombian economy will grow 1.5% in 2024 and 2.3% in 2025. Private consumption, in the same two years, will grow at rates of 2.2% and 3.0%, respectively. And fixed investment will move from negative (-2.0% in 2024) to positive figures (6.2% in 2025).
The Colombian economy will grow 1.2% in 2023 and 1.5% in 2024. The recovery will start slowly from the first part of 2024, driven by the improved performance of private consumption. Inflation is expected to show a gradual reduction path that will allow the intervention rate to come down from December 2023.