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Colombia Inflation Stops Slowing, Weakening Case for Faster Interest-Rate Cuts

Colombia Inflation Stops Slowing, Weakening Case for Faster Interest-Rate Cuts
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United statesRicardo bonillaGustavo petroFinance minister ricardo bonilla

Colombian Government assesses billion dollars in budget cuts

Bogota, Jun 7 (Prensa Latina) The Colombian Government is assessing a budget cut of nearly 20 trillion pesos (more than 5.2 billion dollars at the current exchange rate) due to the low tax collection affecting the country.

Ricardo bonillaConstitutional courtFinance minister ricardo bonillaBlu radio

Colombia Court Rejects Petro s Plan to Delay Royalty Tax Refund

Colombia Court Rejects Petro s Plan to Delay Royalty Tax Refund
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Ricardo bonillaGustavo petroConstitutional courtMinister ricardo bonillaFinance ministryPresident gustavo petro

Colombia Court Upholds Ruling Allowing Companies to Deduct Royalties From Taxes

Colombia Court Upholds Ruling Allowing Companies to Deduct Royalties From Taxes
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Nelson bocanegraRicardo bonillaGustavo petroJulia symmes cobbJacqueline wongColombia constitutional courtConstitutional courtPresident gustavo petroMinister ricardo bonilla

Colombian Court Upholds Ruling on Oil & Mining Royalties

Colombia's Constitutional Court has denied finance ministry requests to modify a ruling allowing oil and mining companies to deduct royalties from their taxes. This decision is expected to increase the country's fiscal deficit in 2024, as the government anticipated financial impacts and adjustments in bond issuance.

Gustavo petroRicardo bonillaColombia constitutional courtConstitutional courtPresident gustavo petroMinister ricardo bonilla