Economy

Confirmed the increase in the minimum wage transportation aid, as well as the increase in public transportation fares in Bogotá for 2023, the subsidy will cover 47 TransMilenio tickets per month, from the readjustment that will begin on January 10. This figure comes from dividing the $140,606 in transportation assistance that Colombians who earn a minimum wage will receive, and $2,950 that each trip will cost in this transportation system, after the increase announced by the Bogotá Mayor's Office, at the end of last week. The readjustments also apply to taxi services and the integrated transportation system.​​According to the District…

This Saturday, December 31, the economic relief created in the Social Investment Law of the government of former President Iván Duque expires, as measures created to counteract the effects of the covid-19 pandemic. Programs like Solidarity income or VAT discounts on air tickets will disappear in 2023, situation that could affect the pocket of Colombians.solidarity income The director of the Department of Social Prosperity (DPS), Cielo Rusinque, establishes that Solidarity Income is no longer available and that this month the last transfer will be made to the beneficiaries. “The subsidy had been given in the framework of the pandemic to…

In terms of agricultural exports, Colombia is more than coffee, flowers and bananas. In the national territory there is a high potential to grow exotic fruits that are highly desired by multiple countries around the world; however, there are several constraints that are preventing these opportunities from being taken advantage of.An oversold above the others: the little exportable supplysince these fruits must meet special standards so that they can leave the country, different from those required when the destination is the national market.(Also read: Colombian mango can now be sold in the United States) It is inconceivable that there is…

They are more and more the industries that bet on caring for the environmentamong them the paper industry, which this year grew and obtained remarkable results with sustainable raw materials. According to a statement issued by the Chamber of the Pulp, Paper and Cardboard Industry, “The paper industry contributed 4.6% to the GDP of the national industry in 2022, the use of the figures reached 26.7% in virgin fiber from forest plantations with responsible management, 12.42% virgin fiber from sugarcane bagasse and 60.81% recycled fiber”. (We recommend: Why don't full reservoirs lower electricity rates?).The good results are accompanied by great…