Diego Guevara warns that public spending is increasingly inflexible after the pandemic | El Tiempo

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Former Finance Minister Diego Guevara explained that public spending is facing increasing rigidity following the pandemic. Factors such as mandatory transfers to the regions, increased pension spending, and commitments to the military and police are putting pressure on national finances. Added to this are tax reforms that have increased revenue and, consequently, constitutionally mandated transfers. #ElTiempo #Budget #Economy #Colombia #Treasury #Growth

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