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August 20, 2021 11:36 GMT
Tax Evasion Fight May Raise COP16 Trillion in 2021
COLOMBIA
Colombia Finance Minister Jose Manuel Restrepo speaks at a Camacol construction chamber (scheduled for 9am local) event after making comments in a webinar late yesterday:
- Colombia needs permanent revenue with tax bill.
- Expects to have the bill approved in the third quarter.
- Colombia has raised more than COP9 trillion with tax evasion fight through July and may raise COP16 trillion this year.
- Colombia 2022 fiscal deficit may be close to 7%/GDP.
- Colombia's economy will grow strongly in Q3. (BBG)
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