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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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No. 207: Declaring a Disaster in the Counties of Albany, Broome, Chenango, Columbia, Delaware, Dutchess, Greene, Montgomery, Orange, Otsego, Rensselaer, Saratoga, Schenectady, Schoharie, Sullivan, Tioga, Ulster, Washington and Contiguous Counties


E X E C U T I V E  O R D E R
DECLARING A DISASTER IN THE COUNTIES OF ALBANY, BROOME, CHENANGO, COLUMBIA, DELAWARE, DUTCHESS, GREENE, MONTGOMERY, ORANGE, OTSEGO, RENSSELAER, SARATOGA, SCHENECTADY, SCHOHARIE, SULLIVAN, TIOGA, ULSTER, WASHINGTON AND CONTIGUOUS COUNTIES
WHEREAS, on December 16, 2020, and continuing thereafter, a Nor’easter has impacted New York State, posing an imminent danger to vital public transportation, utility service, public health, and public safety systems within the counties of Albany, Broome, Chenango, Columbia, Delaware, Dutchess, Greene, Montgomery, Orange, Otsego, Rensselaer, Saratoga, Schenectady, Schoharie, Sullivan, Tioga, Ulster, Washington, and contiguous counties.
WHEREAS, this winter storm is anticipated to produce snowfall amounts of up to 24 inches, at a rate of up to three inches per hour, wind gusts as high as 40mph, and coastal flooding in low lying areas.   These conditions are anticipated to cause widespread power outages a ....

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