Economy

2023 will arrive with an increase in the prices of air tickets on behalf of the VAT increasewhich will go from 5 percent to 19 percent, as of January 1st.According to the Minister of Transportation, Guillermo Reyes, one of the options that airlines are contemplating to Lower costs and not to significantly impact prices, is to reduce staff.(Also read: As of November, Colombia achieved a record for passenger transportation through airports) "Talking with airlines and tourism companies, they point out that one way they consider to not impact the price of tickets is reduce operating costs, personnel and equipment that…

The announcement of the national government that a permanent tariff of 40 percent is established on imported clothing, the maximum consolidated allowed by the World Trade Organization (WTO) and that had been established in April 2021, but was valid for two years. But unions like the National Federation of Merchants, Fenalco, and the National Association of Foreign Trade, Analdex are against the measure.The president of Fenalco, Jaime Alberto Cabal, said that the proposed measure is a setback that will affect Colombian consumers."The imposed tariff of 40 percent is a setback within globalization and the economic opening of the country and…

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In 2022 air transport in Colombia had record numbers of mobilization of passengers. Cut to November, more than 43.58 million people have been mobilized to and from the different terminals in the country. Compared to the figures for 2019, the year in which the highest number of mobilized passengers had been registered with 41.3 million, a growth of 16.2 percent. If the period between January and November 2022 is compared with the same as in 2021, the market grew 64.3 percent.(Also read: What are the most expensive tolls in Colombia?) According to the figures reported by the airlines, 29.86 million…