India, July 1 -- In a decisive opening move ahead of his upcoming inauguration, Colombia's conservative President-elect Abelardo De La Espriella tapped veteran economist and public intellectual Miguel Gomez to serve as the nation's next finance minister. The high-stakes appointment comes as the incoming right-wing administration looks to stabilise a deeply fractured economy and calm nervous foreign investors following a highly polarised election cycle. Gomez will assume control of the powerful Ministry of Finance and Public Credit at a critical structural juncture, carrying the burden of reversing years of fiscal decline and an escalating debt load.

Gomez Confirms Cabinet Post and Vows Aggressive Structural Reforms

The surprise appointm...