Colombia declares an economic emergency in a criticized effort to raise more taxes

Colombia declares an economic emergency in a criticized effort to raise more taxes

BOGOTA, Colombia — BOGOTA, Colombia (AP) — Colombia ’s government has declared an economic state of emergency that enables President Gustavo Petro’s administration to issue taxes by decree, as the nation struggles to finance hospitals and the military while paying off record debts. Petro issued the decree late Monday. His leftist government recently failed to … Read more

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