End of preview - This article contains approximately 978 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
Weekly Report - 27 October 2016 (WR-16-42)
COLOMBIA: Tax reform faces political obstacles
After months of speculation Colombia’s finance minister, Mauricio Cárdenas, has presented the government’s proposed tax reform to congress. Cárdenas maintained that the sharp fall in the international price of oil made the tax reform essential. The government led by President Juan Manuel Santos had held back the tax reform for months because it feared that it might lead to protest votes against the peace accord with the Fuerzas Armadas Revolucionarias de Colombia (Farc). But having lost the referendum on the peace accord anyway on 2 October the government has calculated that there is no sense in delaying matters further, especially with international rating agencies threatening to downgrade Colombia’s credit rating.
- Chile’s Bachelet and ruling coalition dealt electoral blow
- BRAZIL: Cunha: down, but not out
- ARGENTINA: Church opens the archives
- ARGENTINA-URUGUAY: Better chemistry
- TRACKING TRENDS
- VENEZUELA: Time to save democracy
- VENEZUELA: Rating agencies cut Pdvsa
- COLOMBIA: Tax reform faces political obstacles
- TRACKING TRENDS
- MEXICO: Governors on the run
- TRACKING TRENDS
- EL SALVADOR: Party political dispute holds up key fiscal pact
- TRACKING TRENDS
- Varela and Santos strike security deal; skirt trade dispute
- Quotes of the week