LATAM POLITICS TODAY-Colombia's new government proposes new …
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Aug 8 (Reuters) - The latest in Latin American politics BBC World News Today:
New Colombian government proposes tax bill to fund social programs
BOGOTA - Colombia's new leftist government on Monday formally proposed a tax reform bill to lawmakers that would raise some 25 trillion pesos ($5.76 billion) in 2023, equivalent to 1.72% of gross domestic product, in an effort to increase revenue for anti-poverty programs.
Finance Minister Jose Antonio Ocampo said the bill would eventually add some $11.53 billion annually to government coffers, with revenue gradually climbing as the legislation comes into force.
The funds, raised by levying more charges on high-earning individuals and exports of coal and oil, will be directed toward an ambitious agenda of social programs, including anti-hunger efforts, free public universities and aid for elderly people without pensions.
Colombia's Petro hosts Chile's Boric after inauguration
BOGOTA - In his first bilateral encounter as president with another South American leader, Colombia's newly inaugurated President Gustavo Petro met with his Chilean counterpart Gabriel Boric.
The two discussed clean energy, regional integration and peace in Colombia, as well as migration and organized crime, among other topics, they told journalists.
"In particular we have discussed revitalizing the Andean community," Petro said, referring to a free trade group made up of Colombia, Bolivia, Ecuador and Peru, and which used to include Venezuela and Chile, of which the latter is an associate member.
Lula's lead narrows to single-digit in Brazil race -poll
BRASILIA - Former President Luiz Inacio Lula da Silva's lead over incumbent Jair Bolsonaro has narrowed to seven percentage points ahead of the October election, according to a new poll.
New Colombian government proposes tax bill to fund social programs
BOGOTA - Colombia's new leftist government on Monday formally proposed a tax reform bill to lawmakers that would raise some 25 trillion pesos ($5.76 billion) in 2023, equivalent to 1.72% of gross domestic product, in an effort to increase revenue for anti-poverty programs.
Finance Minister Jose Antonio Ocampo said the bill would eventually add some $11.53 billion annually to government coffers, with revenue gradually climbing as the legislation comes into force.
The funds, raised by levying more charges on high-earning individuals and exports of coal and oil, will be directed toward an ambitious agenda of social programs, including anti-hunger efforts, free public universities and aid for elderly people without pensions.
Colombia's Petro hosts Chile's Boric after inauguration
BOGOTA - In his first bilateral encounter as president with another South American leader, Colombia's newly inaugurated President Gustavo Petro met with his Chilean counterpart Gabriel Boric.
The two discussed clean energy, regional integration and peace in Colombia, as well as migration and organized crime, among other topics, they told journalists.
"In particular we have discussed revitalizing the Andean community," Petro said, referring to a free trade group made up of Colombia, Bolivia, Ecuador and Peru, and which used to include Venezuela and Chile, of which the latter is an associate member.
Lula's lead narrows to single-digit in Brazil race -poll
BRASILIA - Former President Luiz Inacio Lula da Silva's lead over incumbent Jair Bolsonaro has narrowed to seven percentage points ahead of the October election, according to a new poll.
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