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Tax Reform Proposal To Be Sent To Congress July 20

COLOMBIA
  • Restrepo expects to have the reform proposal approved by the end of August given the urgency.
    • Bill seeks to raise an additional 1.4% of GDP per year.
    • "This is the moment in which we have to build fiscal stability".
  • Restrepo added there is no need for the central bank to lift rates if CPI expectations anchored (BBG)

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