The Ministry of Finance came up to the recent decision of the United States Government to “discertify” Colombia regarding anti -drug struggle and through an official statement, said it is about A political determination that does not reflect the reality of the advances achieved in recent years.
Likewise, it was emphatic that it will not have a fundamental economic impact in the country, given That the various indicators show strong recovery signs and gradually dismiss, according to them, the projections that pointed out that there would soon be a deceleration, while increasing investor distrust.
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According to the portfolio directed by Germán Ávila, the economic results of recent months speak for themselves, highlighting that in July, trade recorded a growth of 17.9% and the manufacturing industry advanced in 5.8%, according to the DANE figures. Thus, they insisted that these indicators, added to the stability of the exchange market, reflect that the Colombian economy maintains a solid direction despite international political noise.
A political decision
For the Ministry, the decertification announced by Donald Trump’s government should be more understood as a political movement than as a technical trial, while stating that Colombia has shown significant advances in the reduction of social gaps, the strengthening of investment public and private, and the consolidation of an economic agenda oriented to macro stability.
The Petro government has rejected the announcement of the United States and has ordered several actions in response.
“The country’s achievements in the anti -drug fight are verifiable and have been achieved with institutional effort. The measure adopted by Washington does not correspond to reality and ignores the progress of the last three years,” said communication.
One of the central messages was the tranquility that the economic portfolio transmits Regarding the behavior of the markets, since according to the statement, the descertification had already been anticipated by investors and, consequently, its impact was marginal.
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In the exchange market, for example, they stated that the trend continues downward, with greater confidence on the part of international actors; While the debt, both internal and external, remains in a medium -term management plan that already shows positive results; which has allowed Colombia to sustain its reputation as a country compliant in its financial commitments.
Opening and diversification
The Ministry of Finance also emphasized the plans to maintain the economy safe from external shocks and said that within these measures is the opening of new international markets and the strengthening of the relationship with multilateral benches, which is sought Expand the sources of financing and consolidate investment projects.
The Petro government has rejected the announcement of the United States and has ordered several actions in response.
At this point, the portfolio stressed that the diversification strategy has allowed Colombia to become a regional reference of economic resilience, capable of overcoming international turbulence without major shocks in its internal performance.
Communication also stressed that the government will continue with its medium plan Deadline for the management of public finances, with the aim of sustaining fiscal discipline, guaranteeing the sustainability of debt and, at the same time, maintaining social programs that support the most vulnerable population.
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This line of action, said Minhacienda, is the one that has allowed the country to combine economic growth with advances in inclusion and reduction of inequalities.
A message of trust
Finally, the closure of the statement was categorical and put on the table that the descertification does not alter the course of the Colombian economy or puts its foundations at risk. For Germán Ávila’s portfolio, it is an episode that must be read in a political key, Without structural consequences for trade, industry or financial system.
Germán Ávila, Minister of Finance and Public Credit.
“Colombia will continue to advance in its stability and economic development agenda, strengthening its institutions and fulfilling its international commitments,” the ministry concluded.
Daniel Hernández Naranjo
Portfolio journalist
