A health system reform is currently being discussed which proposes that payment to Healthcare Service Providers (IPS in Spanish) be made directly…
Blog BanRep
Cash Remains the Preferred Payment Instrument for the Public and Commercial Establishments in Colombia
Retail payment instruments play a crucial role in economic and financial stability and in the functioning of trade. These include cash, debit and…
Performance of the Exchange Rate and Policy Strategies
The Colombian peso has exhibited a volatile behavior and a significant depreciation in recent months. In view of this trend, the question arises…
Expected effect of climate change on economic activity
There is a broad consensus in the scientific community regarding the risks associated with climate change on the economic activity of most…
Food inflation in Colombia: a comparison with other countries
Since the second half of 2021, food prices in Colombia grew on average 12 percentage points more than in the other OECD countries and seven…
Banrep Blog: Minimum wage and labor flows in formal employment
A recent document of the journal Ensayos sobre Política Económica (ESPE) from Banco de la República (the Central Bank of…