Colombia's government will present a "consensus" tax reform proposal to Congress in the coming weeks, finance minister Jose Manuel Restrepo said on Thursday, though just 10 days remain until the current legislative session is set to end.
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BOGOTA, Feb 3 (Reuters) - Colombia’s second wave of coronavirus infections, which led to tighter restrictions in major cities, will affect the country’s economy throughout the remainder of 2021, delaying its recovery, the head of the central bank’s technical team said on Wednesday.
The fallout from the post-holiday increase in contagion will be particularly visible in the first quarter, Hernando Vargas said in a virtual presentation.
Earlier this week the bank lowered its economic growth prediction for this year to between 2% and 6%, with 4.5% as the most likely figure, on concerns over recent restrictions. It had previously projected growth of between 3% and 7%.