Wednesday, September 28, 2022

Minhacienda will file petro tax reform this August 8 around noon

Following the inauguration this afternoon of the new Finance Minister, Jose Antonio Ocampo, the portfolio confirmed that the tax reform project would be filed tomorrow, August 8, around noon.

From Minhacienda he specified that it would be presented to the House of Representatives and then a press conference on the features of said portfolio to detail the articles of tax reform.

It must be remembered that this tax reform will not come with a message of urgency, as indicated by Gustavo Bolivar, the chairman of the Senate’s Third Commission responsible for economic and financial issues, to have the time needed for discussion.

Similarly, as Minister Ocampo told the media, they would try to raise $50 billion over the next four years.

new minister

Jose Antonio Ocampo is the new Minister of Finance and Public Debt, replacing Jose Manuel Restrepo, who had been in that position since May 2021. The new head of the Treasury and Public Credit portfolio is an economist from Notre Dame (United States). ), with a PhD in Economics from Yale University.

Ocampo was 69 years old as a professor at Columbia University and is one of Latin America’s best-known economists.

This is the second time Ocampo has handled this portfolio. The first was in the government of Ernesto Samper between 1996 and 1997. He was also Minister of Agriculture, Director of the Department of National Planning and Co-Director of the Banco de la Repubblica.

Ocampo was the Executive Secretary of the Economic Commission for Latin America (ECLAC) and until mid-2007 he served as the United Nations Assistant Secretary-General for Economic and Social Affairs, from where he headed the United Nations Department of Economic and Social Affairs. directed. (DESA), based at the world body’s headquarters in New York and chaired the United Nations Executive Committee on Economic and Social Affairs. Similarly, he co-authored books with Joseph Stiglitz, a Nobel Prize winner in economics.

Among the challenges that Ocampo will face as Minister of Finance and Public Debt, the fight against hunger and poverty stands out. Similarly, process a new tax reform and create more jobs.

appointment of deputy ministers

For his part, Diego Alejandro Guevara, Doctor in Economics, Master in Economic Sciences and Engineer from the National University of Colombia, was appointed as Deputy Minister General.

Guevara has appeared as an associate professor and researcher at the National University of Colombia, the School for Development Foundation, the University of La Sabana, the Pontificia Universidad Javeriana and the Catholic University. He has been an advisor to the French Development Agency on issues of macroeconomics and climate change. He has also been a visiting professor at the University of Viadrina in Frankfurt (Oder), Germany.

Meanwhile, Gonzalo Hernández was appointed as Technical Deputy Minister. He is a Full Professor of Economics at Javerian University, with a PhD in Economics at the University of Massachusetts, Amherst. He was a scholar at Fulbright, Colfuturo, the Political Economy Research Institute and Javeriana University.

He is an economist from Xaveria and holds a bachelor’s degree from the public school Externado Nacional Camilo Torres. He was the director of the Department of Economics and Research at Javeriana University.

José Roberto Acosta, an economist at the Military University and a lawyer at the National University, was appointed as Director of the Public Debt and the National Treasury. He has a specialization and a master’s degree in Corporate Finance from the College of Higher Administration Studies – CESA. Since 1993, he has worked for stockbrokers such as Bermudez and Valenzuela from AVAL Group, Serfinco, Corredores Asociados and Ad-Cap.

Similarly, he has been a trial lawyer and professor of bachelor’s, master’s and MBA courses at Universidad del Rosario, National University and CESA. Since February 2020, he is the District Director of Public Debt.

Nation World News Desk
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