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It is not President Petro but EPM that must authorize the freezing of rates – Sectors – Economy

It is not President Petro but EPM that must authorize the freezing of rates – Sectors – Economy

This morning a letter was released that the mayor of Medellín, Daniel Quintero, sent to President Gustavo Petro asking him to give his authorization to Freeze the utility rate provided by EPM in different departments of the country.This request arises from the decree that allowed the president to resume the functions of a general nature delegated to the Commission for the Regulation of Drinking Water and Basic Sanitation (CRA) and to the Energy and Gas Regulation Commission (Creg).(Also read: Daniel Quintero requests to freeze the public service rate provided by EPM) According to Quintero, this measure would be a respite…
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Dollar: this was what dropped its value this week in Colombia – Financial Sector – Economy

Dollar: this was what dropped its value this week in Colombia – Financial Sector – Economy

The price of the dollar in the Colombian interbank market ended the week with a drop of 69.3 pesos, after its average price reached 4,849.65 pesos this Friday at the close of the market. The representative market rate (TRM) began on February 20 at 4,918.94 pesos. (Also read: Price of the dollar raised: exceeds 4,960 pesos) In this way, the US currency moves a little further from the level of 5,000 pesos, since the previous Friday it was only 33.7 pesos from it when the TRM stood at 4,966 pesos, according to records from the Bank of the Republic.with the…
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Housing prices rose 8.7% in the quarter of 2022 |  housing |  my finances

Housing prices rose 8.7% in the quarter of 2022 | housing | my finances

Inflation, rising interest rates and inputs putting pressure on home prices have generated a drop in home purchase interest. Despite this, prices have not found the brake. According to the latest New Housing Price Index of the National Administrative Department of Statistics (Dane), there is evidence of a 8.78% increase in the marketing value of these properties.Read: Lower purchase intention, a tough outlook for construction In apartments, the increase already reaches 8.58% per year, and in houses the rise is much more pronounced and already cumulative growth 12.68%. It is worth clarifying that these historical figures are the highest since…
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Export documents in Colombia: costs and waiting time – Economy

Export documents in Colombia: costs and waiting time – Economy

export it is a crucial step for thousands of companies in Colombia. This process is described by the Directorate of National Taxes and Customs (Dian) as the exit of goods from the Colombian customs territory destined for another country, a free zone or a free warehouse, with the fulfillment of the requirements set forth in the standard.But in order to get merchandise out of the country, it is necessary to comply with the regulations, which include several documents. The necessary export documents may vary depending on the type of product being shipped and the country of destination.However, below are some…
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