Economy

The global economy faces "a difficult year, more difficult than the year we left behind. We expect a third of the world economy is in recession", was the warning made by the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, during an interview on the US television network CBS.This would be the result of the fact that the three largest economies in the world – the United States, the European Union and China – "are slowing down simultaneously."(Also read: Why Economists Think Inflation Started Declining in 2023) In detailing the situation of these three world powers, Kristalina Georgieva…

Colombia accumulates the highest inflation of this century. In this context, financial aid can be perceived as a quick fix to a lack of liquidity; however, this urgency can make us incur risks that further complicate our situation. Carlos Ramos Juárez, professor of the Master's Degree in Financial and Banking Advice and the Master's Degree in Financial Risk Management from the International University of La Rioja (Unir), spoke with EL TIEMPO about high inflation.(Also read: How to handle the slowdown and avoid falling into recession) How do you interpret inflation in Colombia? What are the real causes? Carlos Ramos Juárez,…

The taxpayers in Bogota have new tax calendar. The dates apply to around 3,296,000 natural and legal persons in the taxes Delaware predial, motor vehicles, Industry and Commerce (ICA) year reteica.(Also read: About 60% of emergency calls at the end of the year correspond to fights) in this 2023 the 10 percent discount for prompt payment is maintained in residential and non-residential property and in vehicles, as well as the possibility of deferring compliance in four installments in property.According to the new tax calendar, the maturities will not be according to the last letter of the chip of the property…

Colombian workers will go from working 48 hours a week, as is currently the case, to only 42 hours around the next three years, adjustment that will begin from mid-2023, when that reduction is one hour, that is, they will no longer work 48 hours a week but 47.(Also read: What is the solution at the end of contracts for the provision of services?) Said adjustment in the working day of formal workers in the country refers to article 161 of the Substantive Labor Code, which was modified, and indicates that this change in the intensity of work hours in…