Colombia’s ‘austerity’ budget for 2016: Investment cuts and stricter tax policy
Colombia’s finance ministry has submitted its 2016 budget which includes steep cuts in investment, reflecting decreasing government revenue.
Colombia’s finance ministry has submitted its 2016 budget which includes steep cuts in investment, reflecting decreasing government revenue.
Colombia’s finance minister on Monday warned that next year’s government budget will see major spending cuts as the country is facing a major drop in revenue due to low oil…
Colombia’s 2015 government budget was made assuming oil prices would not fall below $98 per barrel. However, with the oil price sitting at around $66 per barrel, the government is left with a huge…