Business Guilds
Billede genereret af AI
Colombian government plans to declare economic emergency to raise $16 trillion
Rapporteret af AI Billede genereret af AI
Finance Minister Germán Ávila announced the declaration of an economic emergency following the failure of the tax reform, aiming to fund $16 trillion for the 2026 National General Budget. The draft decree includes taxes on assets, alcohol, cigarettes, and a special levy on hydrocarbons and coal. Business guilds such as Andi, ACM, and ACP question its constitutionality and effectiveness.