Economy

Severance interest 2023: how to calculate it?  – Personal Finance – Economics

Severance interest 2023: how to calculate it? – Personal Finance – Economics

Employers in Colombia have a deadline to consign their workers no later than January 31 the interest of the layoffs corresponding to the year 2022. This is provided by numeral 2 of article 1 of law 52 of 1975, which establishes that this interest will be 12 percent per year of the total value of layoffs or proportional to the time worked for those who do not complete a full year of work.Note that Layoffs are a social benefit to which every worker with a labor relationship is entitled, and corresponds to one month's salary for each year of service…
Read More
Attention travelers: this Monday there will be reversible on the Bogotá-Girardot highway – Sectors – Economy

Attention travelers: this Monday there will be reversible on the Bogotá-Girardot highway – Sectors – Economy

After various work tables, a reversible on the Bogotá-Girardot highway to improve the mobility of travelers to the capital of the country during the Return Plan of this festive bridge.This measure will work on Monday, January 9 and consists of enable all traffic flow in a single direction, from Fusagasugá to Bogotá, from 12 noon to 10 at night. The solution will be implemented by the Traffic Police in accordance with the increase in vehicle flow that occurs.(Also read: Attention, Bogotá: Pico y placa will no longer change every four months) Thus seeks to expedite traffic in the area known…
Read More
Inflation: Colombia closed 2022 with the third highest in Latin America – Sectors – Economy

Inflation: Colombia closed 2022 with the third highest in Latin America – Sectors – Economy

Like other countries in the world, Colombia was not spared from the difficult economic outlook that marked 2022 and that had its effects on inflation. According to the National Administrative Department of Statistics (Dane), it reached 13.12 percent at the end of the yearexceeding the estimates of the market and the National Government.A similar level of inflation has not been registered in the country since March 1999 when it reached 13.51 percent. What contributed the most to the fact that the data skyrocketed were prices of food and non-alcoholic beverageswhich increased 27.81 percent throughout the year.(Also read: Inflation in Colombia…
Read More
Driver’s license issuance and renewal costs in 2023 |  my finances

Driver’s license issuance and renewal costs in 2023 | my finances

With the beginning of a new year and taking into account that last year's inflation data is already known, the shipping costs, renewal and recategorization of the driving license will have an adjustment of 13.12% for 2023, which corresponds to the CPI figure for 2022. (Techno-mechanical review: how much will this obligation cost in 2023?). These are the prices that will be in force this year, according to the Single Window for Mobility Services in Bogotá:• Issuance of the driving licenseCar: $226,400.Motorcycle: $188,500.• Driver's license renewalCar: $106,700.Motorcycle: $182,800.• Change of license due to change of document or dataCar: $188,500.Motorcycle: $150,700.•…
Read More