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Working hours, since when has it been reduced in Colombia?  – Personal Finance – Economics

Working hours, since when has it been reduced in Colombia? – Personal Finance – Economics

Colombian workers will go from working 48 hours a week, as is currently the case, to only 42 hours around the next three years, adjustment that will begin from mid-2023, when that reduction is one hour, that is, they will no longer work 48 hours a week but 47.(Also read: What is the solution at the end of contracts for the provision of services?) Said adjustment in the working day of formal workers in the country refers to article 161 of the Substantive Labor Code, which was modified, and indicates that this change in the intensity of work hours in…
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Inflation: Why economists believe that it will start to drop in 2023 – Financial Sector – Economy

Inflation: Why economists believe that it will start to drop in 2023 – Financial Sector – Economy

probably the worst in terms of inflation is over.At least that is what the consensus of economists and the main economic organizations such as the IMF or the World Bank thinks after most of the world's countries experienced this year that left behind price rises not seen in four decades.There is no doubt that inflation will hurt the pockets of millions of citizens in 2023, but taking a general breath with a slow trickle down over the next 12 months.By the end of that period, the International Monetary Fund expects global inflation to have fallen to 4.7%, just under half…
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List of school supplies: some tips to save on your purchase – Personal Finance – Economy

List of school supplies: some tips to save on your purchase – Personal Finance – Economy

One of the 'headaches' for parents at the beginning of the year is their children's return to school, since they must invest part of their money in the school supplies that they will use during the school year.(Also read: These are some products and services that rise in price in 2023).With inflation of 12.53%, in many homes there is concern about the possible increase in the prices of school materials, which would mean a higher expense than in 2022, when families invested between 400,000 and 600,000 pesos. Although the compensation funds offer an educational subsidy to alleviate the expenses of…
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Vehicle sales grew 4.8% in 2022;  these were the preferred brands – Sectors – Economy

Vehicle sales grew 4.8% in 2022; these were the preferred brands – Sectors – Economy

According to Runt figures and Andemos calculations, last December 21,914 new vehicles were registered in Colombia, this is 13.4 percent less than during the same month of 2021 and the lowest figure in the last 12 years.Despite this fact, 2022 closed with 262,595 new unitsan increase of 4.8 percent compared to the accumulated figure of 2021 when 250,497 expensive vehicles were registered in the country.(Also read: Drivers, batteries! This is the peak and plate this January 2, 2023) By segments, the preference of consumers for utility-type vehicles stands out, which registered 9,110 new registrations during the last month, followed by…
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