AGP Executive Report
Last update: 11 hours agoMonetary Policy: Colombia’s central bank held its benchmark rate at 12.25% and approved a $2 billion purchase from the government to bolster reserves, as growth and public-finance concerns weigh on the outlook. Border Security: President Abelardo de la Espriella ordered troops into Cúcuta after a week of killings and bomb attacks near the Venezuelan border. Peace Process: The UN Security Council extended its Colombia mission through October 2027, narrowing its focus to former FARC combatants’ reintegration and security guarantees. Fiscal Strain: A government recovery bill proposes raising coffee VAT from 5% to 19%, drawing warnings from growers about prices and rural livelihoods. Colombians in Ukraine: The Foreign Ministry reported 256 citizens killed and 973 missing in the war, with Colombians recorded fighting on both sides. Biodiversity: COP17 adopted arrangements for a permanent body to strengthen Indigenous participation in conservation decisions, advancing a commitment made in Cali in 2024.
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