Focus on Colombia

A lot will be at stake when Colombians head to the polls later this year. The presidential election will likely come down to a closely fought run-off on June 19 between two candidates with dramatically different visions of the future.

Colombia's presidential runoff will see leftist former guerrilla, Gustavo Petro, up against right-wing populist businessman, Rodolfo Hernández. These results are a clear response to the Colombians’ discontent with decades of mainstream conservative rule.

On July 5, 2022, the president-elect, Gustavo Petro, announced Carolina Corcho Mejía as the next Minister of Health in Colombia. Control Risks presents the main players and challenges for companies in the health sector

The left-wing candidate, Gustavo Petro, was elected president of Colombia on Sunday, with 50.48% of the votes against 47.26% for candidate Rodolfo Hernández. Control Risks' experts on Colombia analyze the main implications of a Petro victory for businesses.

Social discontent will remain a driving force in Colombian politics regardless of the outcome of the elections. Associate Director, Ani De la Quintana, discusses the potential risks for businesses and the operational environment and how to be prepared in the face of possible unrest.

Colombia’s next president will face a challenging macroeconomic environment that will shape the business environment for the next four years. Colombia Senior Analyst, Theodore Kahn, discusses the key macroeconomic features companies should keep in mind.

Our in-country analyst, Claudia Navas Caputo, explores the varying ESG risks Colombia will face depending on the outcome of the upcoming presidential election. What will this mean for Colombians and for businesses there?

What does Petro’s platform envision for Colombia? Our senior analyst, Silvana Amaya, discusses the details of Petro’s major policy and regulatory changes and what they could mean for Colombia’s future.