Friday, May 27, 2022

Infrastructure, education, lack of public trust holding back growth of Colombia competitiveness: govt report

(Photo: El Universal)

Colombia’s competitiveness against other nations has stayed the same over the past four years, at position 69 out of 133 countries, according to a “confidence” report released by the government on Thursday.

According to the report, government organizations such as the Judicial Branch and Congress require “great corrections” in their  institutional base to increase the competitive growth potential of Colombia.

The report also notes that the country’s infrastructure “straggles” behind other countries, but it does mention government plans that are starting to set improvement.

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In education, the reports said, “despite effort to improve quality, coverage, and educational relevance, the country still faces great problems.”

The report did mention macroeconomic gains as increased investment entered the country. It also heralded the increase in technology use as internet service makes further inroads.

The report expected Colombia to increase innovation, with a high value export market, placing the country as the third most competitive country in Latin America by 2032.

Sources

The post Infrastructure, education, lack of public trust holding back growth of Colombia competitiveness: govt report appeared first on Colombia News | Colombia Reports.

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Rico
"Rico" is the crazy mind behind the Q media websites, a series of onlinemagazines that includes TodayColombia.com. Rico brings his special kind of savvy to online marketing. His websites are engaging, provocative, informative and sometimes off the wall, where you either like or you leave it. The same goes for him, like him or leave him.There is no middle ground. No compromises, only a passion to present reality as he sees it!

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