Peña Mancero Lawyers on the colombian ranking list of Chambers & Partners firms

By Peña Mancero Abogados

Chambers & Partners, the agency most respected in the world of lawyers, included Colombian firm Peña Mancero Lawyers in its 2017 ranking of the Latin American guide where are the best companies in each sector in the country.

2017: A year of big challenges, but Colombia is well placed to respond 

Although Colombia has successfully navigated through a very difficult economic cycle, the strength of the Colombian economy is being tested once again. Its gradual slowdown is a result of the plummeting oil price, the instability of international financial markets and the reduction in investor appetite for risk. This volatility caused the US dollar to reach a record value of COP3,409 in February, 2016.

One of the big challenges of 2017 will be to tackle the Colombian fiscal deficit and overcome the potential adverse impact on investment and growth of the announced tax reform. For this, Colombia has already identified the need to find new sources of growth after the fall of oil prices starting in 2014 and the reduction in international liquidity. Industry and infrastructure look to be the key areas for development.

However, 2017 will ultimately be remembered for the outcome of the peace process between the Colombian government and the FARC guerrillas, which was well underway by mid-2016, and which is expected to have a very positive impact on the economy.

In this social, political and economic context, Peña Mancero Lawyers highlighted in the guide Latin America in the following sectors:

Habilidades

Publicado el

20 septiembre, 2016