Tuesday
August 7
2018

Colombia’s New President Ivan Duque And Financial Inclusion

By Madhvi Mavadiya

Ivan Duque was elected as Colombia’s next President earlier this summer and will take up his new post tomorrow, slated to attempt to rebuild the economy and reset it to a place where it can grow despite major challenges.

With 54 percent of the vote’s worth of support under his belt against Gustavo Petro, Duque promised to transform the country’s economic model and tackle inequality, as reported in Reuters.

After the election results, the Colombian peso and Treasury bonds fell but in the future, investment flows are set to increase, because of the President’s business-friendly policies.

Duque has pledged to unite the citizens, tackle corruption, improve security and increase the opportunity of education. “Peace is something all Colombians yearn for, and peace means that we turn the page on the fissures that have divided us,” he said.

Photo courtesy of Juan G Gutiérrez Forero.

Source: Forbes (link opens in a new window)

Tags
Colombia, financial inclusion, Latin America, politics, public policy