US EditionHow to Pay the New Taxes of Petro's Economic Emergency and the Deadline for Paying Them
11 Articles
11 Articles
The Government of Colombia has announced the implementation of the new tax measures for taxpayers after the declaration of economic and social emergency, announced last December, to fill the gap of 16.3 billion pesos with which the general budget of the Nation was approved for 2026. The new provisions, which apply during this fiscal year, have generated doubts regarding the mechanisms, provisions and payment deadlines. Continue reading
In pesos, fuels outperformed inflation between 2018 and 2025, but in dollars they remained stable. Fuel prices in pesos varied between early 2018 and late 2025 due to persistent inflation and successive devaluations. But measured in dollars remained stable. Thus, it emerged from an analysis by Nicolás Taiariol, Oil & Gas consultant and former national director of Energy, who reconstructed the trajectory of naphtha and diesel values in a volatile…
Yesterday, in the first presidential address of the year, President Gustavo Petro defended the economic emergency decree ensuring that the interest rates of the debt went down thanks to that decision. According to Petro, “the average interest rate was 6% and when Congress fell the financing law was 8%. [...] When we decreed the economic emergency and imposed taxes on the mega-rich, interest rates fell and the country risk.” On the same day, the …
Petro Decreed a Sharp Increase in the Tax on Wealth and Put Colombia at the Top of the World Ranking
In the context of the economic emergency, the Colombian president raised the maximum aliquot to 5% and pointed to the great assets as the axis of his fiscal strategy. The government seeks to strengthen the collection and sustain social policies in a context of strong pressure on public accounts.
In his speech of January 14, 2026, President Gustavo Petro tried to defend the increase of the minimum wage, the fiscal management of his government and the recent issuance of foreign debt. However, much of his statements were supported by partial readings, weak inferences and figures without explicit methodological support, which has generated questions from different economic and academic sectors. One of the axes of the presidential discourse …
In the midst of a public discussion on social networks with former President Álvaro Uribe Vélez, President Gustavo Petro announced that gasoline prices in Colombia would begin to fall in the coming months. According to the president, this reduction would be possible thanks to the total payment of the debt of the Price Stabilization Fund ... The post Petro announces possible reduction in gasoline prices after crossing messages with Álvaro Uribe a…
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