Economy

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…

According to the results of the Social Pulse survey carried out by the National Administrative Department of Statistics (Dane), 82% of Colombian households do not have the possibility of establishing a savings plan. In this reality, it is important that employees have notions about the proper use of money. Even more so, when the country is going through a fairly dynamic economic situation, mainly affected by inflation rates, the depreciation of the peso, the possible reforms that the Government is processing, among other factors. (Personal finances: 'tips' so that the rise in prices does not affect you). And it is…

The Superintendency of Family allowance announced that by 2023 it will allocate one trillion two hundred billion pesos to beneficiary with housing subsidies to some 34,000 families that will receive incomes of less than four legal minimum wages. (This is how the monetary quota for family allowances remained in 2023). Workers affiliated to the companies can access this benefit. Family Compensation Fundswho would receive up to 34 million pesos, as long as they met the requirements of the program, informed the Superintendent of the Family Subsidy, Luis Guillermo Pérez Casas. How to access the housing subsidyThe Family Housing Subsidy is…