Inside the framework of the Congress of the Colombian Chamber of Infrastructure, held in Cartagena, the Minister of Finance, Ricardo Bonilla, introduced that tolls in Colombia will enjoy a unmarried build up, according to the 2024 Shopper Value Index (CPI), which might be implemented in January 2025.. The measure, which might have an effect on transporters and drivers normally, seeks to normalize the velocity adjustment in one build up.
Bonilla highlighted that the verdict responds to the rustic’s present financial state of affairs, characterised by way of low inflation. Consistent with the minister, the expectancy is that Colombia will shut the yr with an inflation charge of five%, which has allowed this measure to be taken. “You have got seen that inflation has in fact long past down and we have now inflation as of October of five.4%, and we will shut the yr with 5%. That signifies that, if we have now been adjusting that, it’s time to normalize the problem of tolls, and that’s the expectation: that we normalize it now not in two scenarios, however in a single”Bonilla mentioned all through his speech.
The announcement contrasts with earlier statements by way of the Minister of Transportation, María Constanza García, who had indicated that tolls in Colombia would enjoy an approximate build up of four% prior to the top of the yr. This distinction in variations generated some confusion concerning the actual timing and share of the adjustment.
An Build up according to the 2023 CPI
From the Ministry of Transportation, it have been indicated that the entire build up in tolls was once destined to succeed in the 9,28 %a share calculated according to the 2023 CPI. On the other hand, with the Executive’s choice to use the rise suddenly, the rise might not be as staggered as expected, which suggests a extra direct adjustment for transporters and customers of nationwide roads.
The alternate in technique seeks now not handiest to regulate the cost of tolls extra successfully, but additionally to deal with the desires of freight transporters, who’ve expressed worry concerning the financial have an effect on of the will increase. This sector, an important for the Colombian economic system, may just take pleasure in a normalization of the adjustment, as an alternative of dealing with periodic will increase.
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