Economy

Pension reform: unions and unions present their own proposal |  jubilation |  my finances

Pension reform: unions and unions present their own proposal | jubilation | my finances

The Ministry of Labor reported that it received, within the framework of the pension reform subcommittee made up of production unions, trade union centrals, the National Government and experts; the proposals of the unions and also of entities such as Asofondos and Fasecolda.(Read: Colpensiones closed 2022 with 1.57 million retirees). The Minister of Labor, Gloria Inés Ramírez, recalled that the initial proposal of the National Government is based on a system of pillars. A first pillar, with which a beneficiary is sought for nearly 4 million older adults who do not have the possibility of receiving a pension, who would…
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Buying a home: the areas with the highest value in Bogotá, Medellín and the Caribbean |  housing |  my finances

Buying a home: the areas with the highest value in Bogotá, Medellín and the Caribbean | housing | my finances

in 2022 246,831 new housing units were sold throughout the national territory, according to figures from the Colombian Chamber of Construction (Camacol).(Read: Rents: they are rising by less than what is authorized by law). In order for buyers to make the right decisions, the real estate startup La Haus carried out a study to analyzer characteristics were the areas with the best performance in the main cities of the country and which points have the highest valuation. To perform the analysis, the firm took into account four sources of information: increase in value per square meter in a defined time…
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Dollar in Colombia: what is the reason for its downward trend?  – Financial Sector – Economy

Dollar in Colombia: what is the reason for its downward trend? – Financial Sector – Economy

The mix of factors such as the possible reduction in the rate of increase in interest rates by the United States Federal Reserve, a strong oil price due to the reopening of China and the lower internal uncertainty of the country led to the dollar in Colombia to lose this week 83 pesos.(You can also read: Creg responds to Petro: 'Regulatory bodies must be independent') The US currency was quoted lower all week except Friday and closed at an average price of 4,548.25 pesos, that is, about 500 pesos less than a little over two months ago, when it was…
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Travel rates: what happened with the order to freeze rates – Sectors – Economy

Travel rates: what happened with the order to freeze rates – Sectors – Economy

Since the signing of decree 050 of January 15, 2023, a wave of questions has been unleashed by experts about the feasibility of paying the 'extra' tolls in the country. This regulation was issued in order to freeze the price in the toll rate of the National Highway Institute (Invías) and those of the National Infrastructure Agency (ANI) as a measure to combat the impact of inflation on the pocket of Colombians.(Read also: Labor reform: the first stitches of the project that the Government is preparing) According to María Montejo Torres, senior associate of Infrastructure and Projects of Baker McKenzie,…
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