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In page Economy of Colombia:

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Various attempts to open up the economy during the 1993-2023 period have been described by Portafolio as being "half-hearted".[1] In 1990, to attract foreign investors and promote trade, an experiment from the International Monetary Fund[2] known as "La Apertura" was adopted by the government, this policy was to modernize different sectors of the economy to increase the overall efficiency of production so as to bring down prices to internationally competitive levels. Although the analyses of the results are not clear,[citation needed] the fact is that the agricultural sector was severely impacted by this policy.[3]