Investments and Business

The National Government plans to prevent at least one million micro-businesses, of the estimated 4.9 million that exist in the country and have not had access to the financial sector, from continuing to fall into the networks of the so-called drop by drop or paid daily.(Also read: The formula so that the country's economy does not slow down so strongly) In this project, the Bicentennial Group, created in 2019, since through this one million loans will be channeled in the present four-year period, which seeks coverage of 20 percent of those micro-businesses that today do not have access to formal…

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The decision of President Gustavo Petro to intervene in the regulation of public services, especially that of electric powernot only set off alarm bells for the consequences it could bring to this sector, but also opened the door to a legal debate.In a letter sent to the Minister of Mines and Energy, Irene Vélez, The experts from the Energy and Gas Regulation Commission (Creg) reiterated that the president would not be empowered by law to resume the functions of regulation of this service.(Also read: The Creg warns that intervening prices can lead to rationing) Law 143 of 1994 assigned to…

The government has changed the focus of housing programs. Now, the sector's portfolio seeks to avoid strains and give relief to the people who need it most, as is the case with the program My House Now (How to access the housing subsidy from family compensation funds). Likewise, according to the Minister of Housing, City and Territory, Catalina Velasco, other fronts will be addressed, and other subsidies will also be created, such as Cambia Mi Casa, which hopes to reach 400,000 homes in four years to address the qualitative deficit. Financial relief to other less vulnerable sectors are evaluated.Why make…