Colombia | The future is at stake: investment challenges
Published on Friday, December 1, 2023 | Updated on Thursday, February 1, 2024
Colombia | The future is at stake: investment challenges
The slowdown of the economy is supported by a strong contraction of investment over the already weak levels reported in recent years, which is one of the main challenges for the future of the Colombian economy.
Key points
- Key points:
- Investment fell sharply in the pandemic, but its recovery, unlike the rest of the economy, has been slow.
- At the current juncture, the main factors limiting good investment performance are: i.) high interest rates; ii.) low national savings rate; and iii.) economic, social and political uncertainty.
- It is necessary to focus all efforts from the economic point of view in order to encourage investment, as this is a necessary condition to return to achieving high economic growth rates and structurally improve social conditions.
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