The Report: Colombia 2014

The Report: Colombia 2014

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Indeed, the sound performance of the construction sector, strong investment in public works, restored consumer confidence and a recovery in the hydrocarbons industry enabled Colombiaa€™s economy to regain dynamism and end 2013 with growth of 4.7%. Attracting a record $16.36bn in foreign direct investment in 2013, an 8.2% rise on the previous year, the Andean economy assured its spot among the regiona€™s top investment targets. As in previous years, hydrocarbons attracted the liona€™s share of FDI to the country, accounting for 81.6% of the total. While GDP grew by just 2.9% in the first quarter of 2014, the central bank forecasts growth of 4.3% for the year. With the possibility of a peace deal with the Revolutionary Armed Forces of Colombia (FARC), the next few years could see economic performance enhanced by improved agricultural and energy outputs, as well as increased FDI inflows.reforms. Assessing. the. most. recent. changes. to. tax. legislation. Joint effort to adopt IFRS OBG talks to CAcsar Cheng. Law 1607 set out a number of reforms to the tax code It has been just over a year since the tax reform embodied in Lawanbsp;...

Title:The Report: Colombia 2014
Author: Oxford Business Group
Publisher:Oxford Business Group - 2013-08-25

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