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Thousands march in Colombia against Petro

Scores of Colombians marched Sunday through the streets of Bogotá and other main cities nationwide to protest against the leftwing administration of President Gustavo Petro, particularly regarding healthcare and a planned reform to the Constitution so that the current head of state may remain on the job after his current term. ....

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Is Colombia's future solar energy?

Is Colombia's future solar energy?
latinamericanpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latinamericanpost.com Daily Mail and Mail on Sunday newspapers.

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Iván Duque proposes raising taxes to cover Colombia's fiscal hole created by pandemic


RIO DE JANEIRO, BRAZIL – The government of Iván Duque presented on Thursday a tax reform bill that seeks to cover the fiscal hole caused by the pandemic in the Colombian public accounts. It would be the third tax reform of his mandate and the first in a Latin American country since the coronavirus caused a turnaround in the political and economic agendas of the region. The bill sent to Congress proposes a resumption of “sustainable debt paths.”
“The fiscal impact caused by the pandemic crisis has implied a vision that is not limited to the year 2020, but also affects us in 2021,” Finance Minister Alberto Carrasquilla said at a press conference in which he presented the package. The Finance Ministry estimates that the fiscal deficit in 2020 stood at 7.8 percent of GDP and could rise to 8.6 percent this year. ....

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