Economy

The contradictions that can generate more uncertainty for investment – Sectors – Economy

The contradictions that can generate more uncertainty for investment – Sectors – Economy

With the clarification made by the president gustavo petro Following the statements by the president of Colpensiones, Jaime Dussán, about Colombian pension savings and the future reform, at least three situations were recalled in which the contradictions of the Government have had an effect on investments or the exchange rate in the country . It is not the first time that President Petro or the Finance Minister, José Antonio Ocampo, have had to go out and rectify other officials.Although at first the Minister of Mines and Energy, Irene Vélez, was emphatic in assuring that not one more oil contract would…
Read More
Economic decline, German eggs and more ‘fools’ of 2022 – Sectors – Economy

Economic decline, German eggs and more ‘fools’ of 2022 – Sectors – Economy

2022 has been a hectic year and has recorded a lot of economic news and a current agenda that has been marked by the presidential elections in which Gustavo Petro was elected president. And, with so much movement, it was almost impossible for 'apnocented' not to be registered. These false starts generate controversy at the time, and some are even still valid and in the memory of Colombians, as they produce uncertainty. This is the case of the recent statements by the president of Colpensiones, Jaime Dussán, on the use of pensions for infrastructure works.While some were cleared up, most…
Read More
The Solidarity Income subsidy will not continue in 2023 – Sectors – Economy

The Solidarity Income subsidy will not continue in 2023 – Sectors – Economy

Since the Gustavo Petro government came to power, much has been said about the continuity of some social programs that were born in the country during 2020, the hardest time of the covid-19 pandemic. One of those aids that has received the most attention has been Solidarity Income whose future is already defined: it will not continue in 2023.The director of the Department of Social Prosperity (DPS), Cielo Rusinque, had already spoken about it.“The subsidy had been given in the framework of the pandemic to mitigate effects. There were limited resources that they did not use and the previous government…
Read More
The most expensive tolls in Colombia – Sectors – Economy

The most expensive tolls in Colombia – Sectors – Economy

During vacation times, it is common for several Colombian families to go to other cities in the country to enjoy their rest and that these trips are made by road. However, beyond enjoyment, car trips in Colombia have their 'buts': one of them is that the country is one of those in Latin America with the largest number of tolls, with about 180 (174 in total).Of these, 147 are managed by the National Infrastructure Agency (ANI) and by the National Institute of Roads (Invías). The other 34 are managed by the district, departmental or municipal governments, as appropriate.Keep in mind…
Read More