The Ministry of Finance reported on progress in the transition process with the outgoing government and other key economic topics during the first week.
The Ministry of Finance, led by Minister Germán Ávila, presented the balance of the transition process. The work schedule was defined, sectoral tables were established and the update of institutional information began.
From July 1 the increase in the surcharge for work on Sundays and holidays to 90% came into effect. The government proposed a 50 basis point reduction in the interest rate before the Board of the Banco de la República.
On the fiscal front an analysis was published on the evolution of public debt. The unemployment rate stood at 8% during May 2026, the lowest record for that month since 2001, with 956,000 new jobs generated.
The government and the Federación Nacional de Cafeteros signed a five-month extension of the contract for the administration of the Fondo Nacional del Café to maintain its operation while talks advance for a new agreement.
