3 changes that will shake your pocket could be given in Colombia (and the Ocde likes them)

[Akrapovic]

They have the approval of that organization that these days makes a visit to the country to assess the main priorities that should have its economy.

 

 

The changes have been very po[CENSORED]r in recent weeks, but they become more important because of the approval they receive from the Organization for Economic Cooperation and Development.

According to a document of that organization, cited by Blu Radio, the first has to do with approving labor flexibility in the country, especially with regard to the implementation of a differential salary by age. In addition, the Ocde looks forward to implementing hiring for hours.

Another change has to do with increasing the collection of VAT in Colombia, that is, that practically all products are taxed with that tax.

"Applying the base rate to all consumer goods and compensating lower income households with a cash transfer can raise more money in a more inclusive way," the document said.

A third important change is related to increasing the age to achieve the pension in Colombia. According to the Ocde, the calculation method must be changed to establish the pension amounts and extend some subsidies such as Colombia Mayor.
GDP growth in Colombia

For the Ocde, the Colombian economy will expand 3.4% this year and 3.5% in 2020, the best result in Latin America.

"We are pleased to note that Colombia defends itself well, is above the Ocde average and in fact we project a solid expansion of the growth of the economy," the secretary general of that organization, Ángel Gurría, told reporters after meet in Bogotá with President Iván Duque.

Gurría stressed that the growth forecast for Colombia is “twice the rate” of the Ocde and is the highest in Latin America and the Caribbean.