Economy

Even though he Bank of the Republic maintains its aggressive interest rate adjustment plan, from October 2021 to date it has raised them by 12 percentage points to 12.75 percent trying to contain the escalation of inflation, which closed last year on 13, 12 percent, the cost of living for Colombians will continue to rise, at least in the first three or four months of 2023.(Also read: Banco de la República completes its 12th rate hike and takes it to 12.75%) According to estimates of the analysts of the bancolombia group, in January the consumer price index (CPI) would have…

Taxpayers must be attentive to the modifications made by the governments of the day with respect to taxes. This is the case, for example, of property tax. There are properties that are exempt and others that are excluded, and that is not the same. And other properties were no longer exempt. (You can also read: 'The metro contract is signed by the Metro Company, not the Presidency': Claudia López)To clarify the matter, the District Treasury Secretariat of the Bogotá Mayor's Office announced the properties in the different categories.The properties exempt from property tax, explained the entity, are those that have…

The locks that have been presented in recent weeks in different departments of the country due to social protests are increasing the time and cost of moving cargo from one place to another which, ultimately, according to transporters, could be transferred to the price of the products, in the middle of a which reached 13.12 percent last yearthe highest in 23 years.(You can also read: The draft decree to regulate public services in Colombia is ready) Only in January the Colombian Federation of Cargo Carriers by Road (Colfecar) it counted up to 81 blockades in 20 departments of the country.…

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