Colombia: A New Right-Leaning Chapter

Pro-market candidate Abelardo De La Espriella has been elected President of Colombia. The report highlights the potential for a shift toward fiscal consolidation and policy orthodoxy despite significant structural economic challenges.

Key Takeaways

• 1.Abelardo De La Espriella won the Colombian presidential election with 49.7% of the vote, marking a pivot to a more orthodox, pro-market policy framework.
• 2.The new administration faces significant challenges, including a divided Congress and a difficult fiscal path with a primary deficit of 3.5% of GDP.

Table of Contents

• Colombia: A new right-leaning chapter
• A pro-market agenda
• All eyes on fiscal dynamics
• Bottom line
• Investment implications
• Global asset class preferences definitions
• Appendix

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