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Meetings, projects and economic events of 2023 in Colombia

Economy.

After the return to face-to-face after the covid-19, The events and fairs that have been presented in the country have been key to economic recovery.

(See: Analysts estimate higher GDP growth for 2023).

Taking this into account, for 2023 It is expected that it will continue in person at the different economic events that will take place throughout the year in the country.

Next, the list of dates and events that you should take into account for the current year:

(See: Options to deal with high rates on credit cards).

– Meeting of the Bank of the Republic, the 27th.

– Equine fair in Bogotá, from 9 to 12.

– The tourist showcase Anato in Bogotá, from 22 to 24.

– Couchgamers 2023 edition in Bogotá, from 10 to 12.

– Meeting of the Bank of the Republic, on the 31st.

– Presentation of the pension reform in Colombia.

– Book Fair (filbus) in Bogotá, from May 18 to 2.

– Meeting of the Bank of the Republic, on the 28th.

– Presentation of the pension reform in Colombia.

(See: The discussion on a South American currency will advance).

Economy.

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– Canna Industry in Bogotá, from 3 to 4.

– Createx in Bogotá, from 9 to 11.

– Lives andigráfica in Bogotá, from 9 to 12.

– Market Fest at Eventos Inversiones SAS Antioquia, from 11 to 17.

– International environmental fair in Bogotá, from 17 to 20.

– Expoconstrucción and expodiseño in Bogotá, from June 30 to 4.

– Smart City Expo in Bogotá, from June 31 to 2.

-Expopet in Bogota, from 8 to 12.

– Deadline to submit the Medium-Term Fiscal Framework, the 15th.

– Expopartes in Bogota, from 21 to 23.

– The Caribbean Real Estate Showcase in Cartagena, from 23 to 25.

– Meeting of the Bank of the Republic, on the 29th.

(See: FEPC would close 2023 with a deficit between $26 and $29 billion despite increases).

-F-AIR Colombia in Rionegro (Antioquia), from 12 to 16.

– Agroexpo in Bogota, from 13 to 23.

– Meeting of the Bank of the Republic, the 28th.

– Publication of final document of the Medium-Term Fiscal Framework, from 20 to 29.

-Silver expo in Bogota, from 10 to 13.

– The great real estate show in Bogota, from 10 to 13.

– International fair of security in Bogota, from 16 to 18.

next car in Bogota, from 24 to 27.

edutechnia in Bogotá, from September 30 to 1.

ARTBO in Bogotá, from September 30 to 3.

– Expo agrofuturo in Medellin, from 6 to 8.

– Home Fair in Bogota, from 7 to 24.

Expodrinks in Cartagena, from 21 to 24.

– Fair of beauty and health in Bogota from 4 to 8.

bikego in Bogota from 19 to 22.

– Meeting of the Bank of the Republic, on the 29th.

– Meeting of the Bank of the Republic, on the 27th.

– Elections of governors and mayors on the 29th.

Economy.

Economy.

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-Andean pack in Bogota, from 14 to 17.

-Choco show in Bogota, from 24 to 26.

– Meeting of the Bank of the Republic, on the 15th.

It should be noted that 2023 is a key year for the Colombian economy, since this is affected by inflation, interest rates, the devaluation of the Colombian peso, the new tax reformamong other financial factors that will represent great challenges for the country throughout the year.

In the case of the tax reform which was sanctioned by the president Gustavo Petro on December 13, 2022 and came into effect from the January 1, 2023during its first five months, government He has promised an increase in social spending, although his proposals seem more lax and less ambitious than his rhetoric.

According to Luiz Eduardo Peixoto and Felipe Klein, members of the teams of BNP Pariba Economic Researchyes, “Markets are likely to be sensitive to policies related to the oil sector, as President Petro has pledged to halt further exploration and ban fracking.”

On the other hand, it is expected that the bill to reform the pension system occurs between March and April.

Peixoto and Klein they add that “We expect a lengthy debate in Congress with potentially negative implications for Colombian assets, since private pension funds own close to 25% of Treasury bonds”.

As for the interest rates researchers project for Colombia in this 2023 “We expect interest rate cuts in Brazil and Colombia this year, but no significant easing cycles yet, given price pressures from global and domestic inflation”.

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Written by Editor TLN

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