67-08-2019 Latin American Economy & Business Report
Economy & Business Report
Pace of inequality decline has slowed since 2014 in Andean region
“Peace, equity and education.” These are the three pillars upon which Colombia’s President Juan Manuel Santos is promising to build his government. Santos was sworn in for a second term in office on 7 August, striking a delicate balance between the parties that make up his ruling Unidad Nacional (UN) coalition in a reshaped and reshuffled ‘cabinet for peace’. While Santos is keen to move swiftly to conclude the peace process to enable the construction of a country that “nobody can stop”, Colombia’s two main guerrilla groups, Fuerzas Armadas Revolucionarias de Colombia (Farc) and Ejército de Liberación Nacional (ELN), released statements suggesting that they are in no hurry whatsoever.
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