The proposal of Luis Carlos Vélez on the fiscal rule that put to throw numbers to many



[ad_1]

The journalist of La F.m. he asked the congressman to evaluate or "destroy" his proposal which focuses, in a few words, on the revision and the adjustment to the tax rule.

"When we adopted the tax rule in Colombia, we reacted to international markets and we had doubts about the risk of downgrading risk in an environment where emerging economies were hit hard." What will happen? If today you leave the city and look for the legal way to be a little more flexible with this law, "suggested Luis Carlos.

According to him, if the government of Iván Duque presented himself before a risk badessment agency and told him that he had a problem, that his budget was not enough, that it was not enough. he was a new government and that he had several projects, he could ask for an adjustment of the tax rule and be a little more defective.

"I badure you that Fitch, Moodys, get up and that the poor will say," Hey, it's not a bad idea. Of course, I do not know how to solve the legal problem, but I think it's a good idea, "said Vélez.

Faced with this proposal, Senator Barguil agreed, but partially and on several points to be taken into account.

"Here, it is not necessary to change the objectives or what the law establishes, from 2021, what should be the structural deficit of the country.What we can do and be authorized by the Advisory Committee , without having to change the law, without touching the rule, is to allow the government, in the next two years, to have a larger deficit margin, a greater margin of indebtedness, "said the member of Congress .

In addition, he recalled that the same committee left the Santos government with a bigger deficit.

The article continues below

Similarly, Barguil said the new government could say that in the past year, one million Venezuelans have arrived in the country, costing several million pesos. In addition, there is a crisis in Electricaribe and external factors are affecting public finances, so that the debt deficit can be re-examined without achieving the 2021 target.

"I do not change the rule, nor change the goal, but rather that the Advisory Committee will allow next year to a greater debt deficit," added the senator.

In turn, the director of the newspaper La República, Fernando Quijano, spoke about Velez's proposal and Barguil's position. According to him, a tax rule that depends on an advisory committee is not a tax rule.

"For this year, the fiscal rule predicts a deficit of 3 or 2% and 2.4% for next year," said Quijano, adding metaphorically that this proposal recalled January is committed to losing money. weight and finally arrives in February, at Easter, and restores the pork rind and its bad habits.

According to Quijano, in response to this proposal, the rating agencies responded to the government that it was not irresponsible because budget deficit commitments had been made.

Finally, Barguil pointed out that it was a new government and that these scenarios could be evaluated.

[ad_2]
Source link