In 2014, Decree 2616 introduced a change in regulation that lowered payroll taxes for low-income, part-time workers in Colombia. The reform made…
Blog BanRep
Inflation expectations anchored to Banco de la República’s target
Inflation expectations correspond to what economic agents believe inflation will be in the future. This is a variable that is relevant to monetary…
Climate Shocks and their Effects on Colombia's Agricultural Sector
Scientific evidence has shown that extreme weather events, including excessive precipitation and droughts, are becoming…
Economic Pulse: Regional and by Sector
As part of its efforts to monitor the country's economic activity, Banco de la República conducts monthly surveys among businessmen and…
Direct Credit from the Central Bank to the Government
The COVID-19 pandemic and the policy response to mitigate its effects resulted in a substantial deterioration in the finances of the Central…
