Decree for exporters´ taxes was made official

Through the executive decree 607, this March 12 the ‘drawback’ mechanism was made official for exporters of products affected by the appreciation of the dollar. It is a simplified procedure for conditional tax refund to foreign trade; i.e., tariffs and tax burdens for...

Government promotes private sector investment through a decree

After the expedition of the Regime Regulation of Public-Private Partnership, the construction of hospitals, schools and projects of strategic sectors (energy, telecommunications, transport, etc.) with money of the private sector will be viable. The Executive Decree 582 of...

Civil society organisations demand repeal of Decree

In order that repeal Decree 16, civil society organizations went to the Council of Citizen Participation and Social Control (CPC) to ask for a dialogue with the Government. The President of the CPC, Fernando Cedeño, recognized that the document “have a series of drawbacks...