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Daniel Briceño calls for a fiscal adjustment of 40 trillion pesos, equal to two points of GDP

FinanceColombiaBlu Radio35 s readAI summary
Image: Blu Radio

Ahead of the government submitting its fiscal adjustment bill to Congress, Representative Daniel Briceño said on Blu Radio that Colombia urgently needs a 40 trillion peso adjustment, equal to two points of GDP, to give the economy breathing room. He also defended a bill filed three months ago to restore the legal stability system and called for simplifying the tax system without raising taxes.

In 35 seconds

  • Briceño proposes a fiscal adjustment of 40 trillion pesos, equal to two points of GDP
  • He warned that spending cuts will upset political sectors accustomed to bureaucratic expansion
  • He filed a bill three months ago to restore legal stability, aimed at projects of around 150 million dollars
Read the full story at Blu Radio

IASummary generated by artificial intelligence from a story by Blu Radio. It may contain errors: the original source prevails.

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