Colombia | A successful recovery of the Colombian economy

Summary

The Colombian economy will begin a slow recovery process in 2024, which could be more successful with a strong boost to investment. To this end, it is of utmost importance to promote better performance in two sectors that were key in the past and in other countries around the world: housing and infrastructure.

Key points

• Key points:
• The boost to investment has two positive results. First, it reinforces the recovery, improves productive capacity in the short term, generates more employment and strengthens the rebound in consumption. Second, it increases the economy's potential output, expands the productive frontier in the long term and intensifies productivity and, therefore, the increase in Colombians' income.
• There are at least two ways to boost investment: efficient public investment (which increases productivity and stimulates private initiative) and policies focused on driving increased activity in housing and infrastructure.

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