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06 May 2016, Ivor Colson, EMIS Editor

The top concerns of Colombian CEOs: PwC Survey

In an annual survey conducted by PricewaterhouseCoopers, exchange rate volatility and tax burdens were the two most significant concerns from top Colombian CEOs.

The survey, reported by local newspaper LR, also revealed concerns of overregulation, corruption and inadequate infrastructure to round off the top five.

With Colombia having ranked 55th on corruption from the IMB WORLD Competitiveness Center, corruption is hardly a surprising concern.

This, along with the Colombian peso having sharply depreciated last year, has led to growing concerns from the country’s top CEOs, with only 8% believing the economy will improve, down from 27% last year.

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