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The pension reform that the government of President Gustavo Petro filed last March will not change its full approval in the Congress of the Republic during the first legislature of the year, so its discussion will continue as of next July 20.In the first phase of the project process, 94 articles were approved in the Seventh Commission of the Senate and the Colombian Association of Pension Fund Administrators (Asofondos) highlights as positive aspects that the solidarity pillar be formalized and expanded.(Read also: Calculation of allowances: this would be after the approval of the pension reform) There is a risk to…

The French company Casino revealed on Monday its desire to part with its Brazilian subsidiary Grupo Pao de Açucar (GPA) and the Colombian Éxitoin full efforts to reduce its significant debt and ensure its economic sustainability.This is one of the measures publicly announced on Monday to "strengthen [la] liquidity" and guarantee a "perennial capital structure" of the group, which closed 2022 with a debt of 6,400 million euros (6,970 million dollars). Casino, which last week announced the sale of its 11.7% stake in the Brazilian group Assai for 404 million euros (440 million dollars), did not specify a precise date…

Banco Davivienda once again extends its hand to San Andrés and has just announced a support program for the island and its inhabitants, through which it will not only provide financing under special conditions, but also building a supportive ecosystem supported by technology and innovation. Javier Suárez Esparragoza, president of the entity, said that the final purpose is to turn San Andrés into an island without cash.(Read also: Alejandro Figueroa Jaramillo, a life with a mark on the financial sector) What is the support you are giving to San Andrés?It is an initiative that has a credit component, but also…

The Sisbén, system with which potential beneficiaries of State social programs are identified, now he is part of the process to be able to acquire one of the financial relief Mi Casa Yathe program that for almost a decade has benefited households that earned between one and four minimum wages. In order to "focus" it and make it reach "those who need it most", Sisbén will play a fundamental role in identifying potential beneficiaries, who with this system will be those who will be classified from A1 to D20 in the Sisbén IV survey. . Despite their intention, many players…