MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Government Presents Four-Year Development Plan

COLOMBIA
  • Colombia’s government estimates its four-year National Development Plan will cost 1,154 trillion pesos ($241 billion), according to a Finance Ministry press release on Tuesday.
    • The plan consists of a 300-article bill that details the government’s road map and needs to be approved by congress by May 7.
    • Plan seeks to create an indexation unit, known as basic value unit or UVB, which is tied to core inflation (excludes food and regulated prices), with a starting value of 10,000 pesos.
  • According to a statement sent by the presidency’s press office, the plan aims toward “total peace”. The plan seeks to improve “environmental justice”, security, social justice, the right to nutrition, productive transformation, climate action and regional convergence.
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