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Published on Friday, August 30, 2019

Colombia | The debate on economic issues

I feel that we are falling short, economists, in making the debates that the country needs. In terms of growth, for example, and its lack of relationship with some leading indicators. Inflation, about the risks that the shocks again move us away from the fiscal or fiscal goals and their long-term impact.

Key points

  • Key points:
  • We need to keep the spaces for discussion of the key issues for the economy alive.
  • The second quarter growth data and its demand components would give for interesting discussions about the role of some advanced indicators to predict movements in the coming years.
  • In inflation, we are very calm about its temporary increase as a result of food supply shocks and devaluation.
  • The Medium Term Fiscal Framework, effectively gave us a vision of the closing of 2019 and the following decade but both the document and the statements of the Ministry raise doubts about the fiscal closure of this and the coming years.

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