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The board of directors of the Banco de la República unanimously decided at its June meeting to keep its market interest rate unchanged at 13.25 percent. In this sixth meeting of the collegiate body of the issuing bank, Ricardo Bonilla participated for the first time since he arrived at the Ministry of Finance.(Also read: The unemployment rate for May 2023 was 10.5%) Both the manager of the Banco de la República and the Minister of Finance They did not give clear signals about when it will be the moment to start lowering the interest rate, but they agreed that the…

In order to cover the gap that the Fuel Price Stabilization Fund (FEPC)in July it went up again gasoline price in the country.The average retail price of gasoline will be adjusted starting today at 600 pesos and will be located at an average of 12,964 pesos per gallon andn the 13 main cities of the country in July.You can also read: 99% of the jobs recovered in May were for women The climbs would not stop. The idea of Finance Minister Ricardo Bonillais that the price continues to increase gradually until it reaches 16,000 pesos on average in all cities.…

We have always been told about maintaining the correct tire pressure to save fuel. It is a truth of a fist, but probably not the most important, it turns out that at the moment of truth, and of safety, the first effect of a tire with more or less air than the errand is that its grip on the ground decreases because the tread pattern is not full. It rests more on the edges if it is low on air or in the center if it has been overinflated, and this in turn does not depend on the tire, but…

After the strong wave of criticism last December and January for the terrible state of the Ruta del Sol, especially in sector 3, The Ministry of Transport committed itself in those days to improve the transitability for transporters and tourists in this holiday season.As reported by travelers, the road could not fit one more hole and there were many accidents and damage to vehicles caused by lack of maintenance. “For users whose destination is Bogotá or the North Coast during the holiday season, we have some important advances in the face of the explosions that we are developing by the…