MNI China Daily Summary: Thursday, March 13

MNI BRIEF: China Has Been In Communication With U.S. On Trade

MNI BRIEF: China To Enhance Customs Clearance

MNI BRIEF: China Consumer Satisfaction Up

MNI: PBOC Net Drains CNY68.6 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1728 Thurs; -0.64% Y/Y

MNI: EUROZONE JAN IP +0.8% M/M, +0% Y/Y

MNI: SWEDEN FINAL FEB CPIF +2.9% Y/Y

MNI: US FEB TREASURY BUDGET -$307.0B

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

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COLOMBIA: Colombia to Delay Some Infrastructure Project Spending

COLOMBIA
ColombiaBulletEM BulletEmerging Market News

"Colombia Issues Decree to Delay 2025 Spending Budget of COP12T
* Colombia’s finance ministry published on its website a decree with details on how the government will delay spending some 12 trillion pesos ($2.8 billion) from the year’s budget.

  • Big infrastructure projects including the Bogota Metro, the Canal del Dique, which seeks to connect the Cartagena Bay to the Magdalena River, and mass transit systems in some of Colombia’s main cities will see delays in government transfers
  • Finance Minister Diego Guevara has said that the government will carry out spending depending on how tax revenue evolves, as it seeks to avoid cutting the budget" - BBG
    COLOM 5% 2045, $68.36, +.11
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"Colombia Issues Decree to Delay 2025 Spending Budget of COP12T
* Colombia’s finance ministry published on its website a decree with details on how the government will delay spending some 12 trillion pesos ($2.8 billion) from the year’s budget.

  • Big infrastructure projects including the Bogota Metro, the Canal del Dique, which seeks to connect the Cartagena Bay to the Magdalena River, and mass transit systems in some of Colombia’s main cities will see delays in government transfers
  • Finance Minister Diego Guevara has said that the government will carry out spending depending on how tax revenue evolves, as it seeks to avoid cutting the budget" - BBG
    COLOM 5% 2045, $68.36, +.11