Colombian president withdraws tax reforms after mass protests | New protests
The tax reforms of right-wing President Ivan Duque spread public anger and protests throughout Colombia.
Colombian President Ivan Duque has said he is withdrawing his controversial tax reform proposal, denouncing thousands of protesters across the South American nation over several days of measures.
In a video on Sunday, Duque said he would ask Congress to “withdraw the law proposed by the finance ministry and urgently process a new law that is the fruit of consensus to avoid financial uncertainty.”
The right-wing government stressed that reforms were essential to stabilize Colombia’s finances, maintain its credit rating, and fund social programs, spreading public outrage and protests.