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Each week we search for and select the most relevant news to share with you in this newsletter.

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By: Gabriela Pinto
Lawyer - Commercial and Corporate Law

 
 
 
 

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Financial relief for ICETEX loans is now approved

The Colombian Institute of Educational Credit and Technical Studies Abroad "Mariano Ospina Pérez" (ICETEX) informed that starting in 2023, beneficiaries who receive new disbursements of their credit will have an interest rate of 0% (CPI+0%) and no interest will be capitalized. This measure is estimated to benefit 110,000 students.

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Final vote on the conciliated text of the Tax Reform Bill

The conciliated text of Bill 118/2022 of House of representatives and 131/2022 of Senate, whereby the tax reform for equality and social justice is adopted and other provisions are enacted, will be submitted to the vote of the Plenary Sessions of the Senate and House during the week of November 14 to 18.

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Public Calamity declared in Bogota due to heavy rains

By means of District Decree 513 of 2022, the Mayor of Bogota declared a public calamity in the Capital District due to the effects of heavy rains generated by "La Niña" Phenomenon. The measure will be in force for a term of six months.

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