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Many Colombians who — even after working tirelessly day after day — do not know what it is like to enjoy a pension, salary, paid vacation, or being eligible for a loan.

Colombia has the fourth highest percentage of people living in conditions of extreme poverty among Latin American countries studied by ECLAC.

In contrast to the year 2021 that ended with inflation of 5.62%, in 2022, historically high annual inflation was recorded for Colombia of 13.12%, that is, 7.5 points higher than the previous year, a peak level that had not been registered since 1999, 23 years ago. The...