What Colombia’s presidential election means for its economy ...Middle East

Quartz - Economy
What Colombia’s presidential election means for its economy
source : Quartz ( Middle East ) () 24
Colombians head to the polls on Sunday (June 19) in a second-round presidential election that will mark a new direction for the country no matter the winner.The race between Gustavo Petro, the leftist former mayor of Bogotá and an ex guerilla, and Rodolfo Hernández, a TikTok-savvy construction magnate, is the closest in recent memory, with polls pointing to a virtual tie. Both candidates represent a stark departure from the political establishment that has ruled Colombia for decades.Though the Colombian economy has bounced back from the pandemic, it remains hamstrung by a huge informal sector—60% of workers are off the books—and some of the highest levels of inequality in the region. Nearly

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