The move is a surprise, as Londoño is now affiliated with a party focused on Afro-Colombian advocacy and representation. Londoño has not previous record of a focus on this cause.
Service-oriented and labor-intensive businesses may face higher operating costs due to the 23% minimum wage hike and its immediate impact on indexed service categories
Colombian President Gustavo Petro's decreed 23% raise in the country's minimum wage may now be rescinded for failing to follow laws mandating limits for such measures.
Though Gustavo Petro and Donald Trump share mutual animosity, FTI's Daniel Giraldo is optimistic about the long term relationship between Colombia and the United States.
The overall spending plan prioritizes projects focused on modernizing infrastructure, expanding service coverage, and optimizing operational efficiency.