Colombia's president-elect taps Miguel Gomez as finance minister

Miguel Gomez has been appointed finance minister by Colombia's president-elect, Abelardo De La Espriella. Gomez will be tasked with pushing ambitious economic reforms through a polarized Congress to help ameliorate the country's deteriorating finances.

De La Espriella, who narrowly defeated Iván Cepeda in the run-off election held on June 21, 2026, has promised to cut taxes, ease regulations, and shrink the state by 40% to address a large deficit that has impacted the country's credit rating. De la Espriella became the most voted presidential candidate in Colombian history with 12.9 million votes.