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
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…
Blog BanRep: 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…
Blog BanRep: 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…
Blog BanRep: 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…
