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Weight of drug trafficking in the economy would be 4.5% of GDP – Sectors – Economy

Weight of drug trafficking in the economy would be 4.5% of GDP – Sectors – Economy

No media outlet in Colombia ignored this week's news, according to which during January not a single hectare of coca was eradicated in the national territory. Beyond the explanations given by the Police, in the sense that contracting issues would have prevented them from starting to carry out this work on time, what happened represents a break with what is customary in a country that fights against illicit crops. The authorities maintain that the guard has not been lowered on this front. According to the Ministry of Defense statistics, throughout the first month of the year the number of laboratories…
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José Félix Lafaurie responds to Petro about the land – Sectors – Economy

José Félix Lafaurie responds to Petro about the land – Sectors – Economy

Of the total 20 million fertile hectares in the country, the government wants to give the peasants 3 million. For this reason, he worked on an agreement to buy land from ranchers and, so far, they have offered him just over 300,000 hectares. However, the Government says that it is necessary to increase the offer in order to advance in the agrarian reform. Even President Gustavo Petro will warn them that the agreement is "for now" and that it would be "sad" if it were not true. What José Félix Lafaurie, president of Fedegán, He replied that they are going…
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Why taxi drivers protest the use of transport platforms – Sectors – Economy

Why taxi drivers protest the use of transport platforms – Sectors – Economy

Digital platforms are gaining more and more ground in Colombia. However, the dispute does not end between the taxi drivers who want to eliminate the applications, which ensure that Colombia must adapt to the need for new forms of transport. Currently, the platforms that move the most passengers are Cabify (2.5 million), Uber (2 million), Taxis Libres (2 million) and Picap (1.5 million). And according to a 2021 Fedesarrollo study, the income of nearly 150,000 people depends on messaging, home and mobility apps; and if they did not exist, 44 percent would be unemployed, 32 percent would have another independent…
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Tips to make your money work in times of rising prices |  my finances

Tips to make your money work in times of rising prices | my finances

In January of this year annual inflation in Colombia reached 13.25%, a figure that has not been recorded since 1999. The crisis is not only national, worldwide inflation has reached all-time highs and prices in some sectors have not stopped rising. (Read: The draft decree for the changes in Mi Casa Ya is ready). According to the Government's Economic Development Observatory, the cost of living grew by 6.31% compared to January 2022. There are even products from the basket family staple that have risen to 109%, such as tubers. Given this scenario, it is key to make changes in personal…
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