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Analysis of Ricardo Ávila / To play differently – Sectors – Economy

Analysis of Ricardo Ávila / To play differently – Sectors – Economy

Tuesday will mark six months since that next sunny August afternoon when gustavo petro assumed the Presidency of the Republic. Since then, Colombians have watched the future of someone who embodies a break with the past, both in style and substance.(Read also: The key points that are articulated in the Development Plan, according to draft) With regard to the way of exercising the first position of the nation, the emphasis on speeches with a high ideological content and a good dose of symbolism stands out, together with an evident lack of interest in management. Although sometimes reality forces him to…
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Pension reform: Interview with Minister of Labor Gloria Inés Ramírez – Sectors – Economy

Pension reform: Interview with Minister of Labor Gloria Inés Ramírez – Sectors – Economy

The Government begins to break that kind of "secrecy" of the structural reforms that it is preparing and seeks to agree with companies, workers and users on the amendments they propose. In the following dialogue between the author of the interview and the Minister of Labor, Gloria Inés Ramírez, she explains the bases of the pension reform; She also announces that a fight against "drop by drop" loans will begin and criticizes fixed-term contracts. I open the conversation around the pension reform. What, in essence, Madam Minister, is the reform of the pension system that is being discussed in the…
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IMF forecasts an improvement in the global economy, but pessimism grows in Colombia – Sectors – Economy

IMF forecasts an improvement in the global economy, but pessimism grows in Colombia – Sectors – Economy

While the International Monetary Fund (IMF) begins to see that the threat of recession is diminishing in some countries and increases its economic growth forecasts for 2023, the opposite is happening in Colombia and it is more pessimistic compared to what it expected in October from last year."Adverse risks have moderated since October and some positive factors have gained relevance", highlighted the IMF in its updated estimates of the world economy published on January 30. However, it also said that the risks to the outlook remain tilted to the downside.(Also read: IMF: Colombia, Haiti and Chile will have the lowest…
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Inflation in Colombia in January is 13.25%: food costs rise – Sectors – Economy

Inflation in Colombia in January is 13.25%: food costs rise – Sectors – Economy

According to information revealed by the National Administrative Department of Statistics (Dane), 2023 began with inflation of 13.25 percentin annual terms, which is almost double when compared to the 6.94 percent reported in January of last year.The director of Dane, Piedad Urdinola, said that high inflation during this month is traditional in the Colombian economy due to the increases that occur at the beginning of the year.(Also read: Reasons why inflation continues unstoppable, despite Petro shock measures) Regarding the monthly data, last January the cost of living increased 1.78 percent. A year ago it was only 1.67 percent. What marked…
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