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August 15, 2024
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The possible date on which toll price increases will begin

The possible date on which toll price increases will begin

Ricardo Bonilla, Minister of Finance and Public Creditrecently announced that the country’s toll rates will increase and will come into force in 2025.

According to the head of the portfolio, This decision will be announced by the National Government in December of this year and January of next year..

(We recommend: Commercial appraisal and other entanglements of property valuation for road works).

In December and January it will obviously be necessary to review how tolls are increased for 2025“, said Bonilla. In this vein, the minister also said that the increase carried out in August was 4.64%, corresponding to half of the inflation figure for 2023 (9.28%).

Ricardo Bonilla, Minister of Finance.

Mauricio Moreno/ Portfolio

On August 1st, the tolls were increased, it was done by half of what was planned for the 2023 CPI“the official said.

(Besides: Proposals from business and industrial associations to reactivate the economy).

And he added: “If we look at it in terms of the cost structure of freight carriers, tolls have a smaller component compared to what diesel does. If you are not in the freight transport world, you will also pay tolls.“.

Tolls

Tolls

iStock

According to the National Government accounts, following the decision of the former Minister of Transport, Guillermo Reyes, not to raise the toll rates in the country, which created a financial gap in the sector of 800,000 million pesos.

(We recommend: 40% of the properties near Cartagena-Barranquilla are exempt from property valuation).

The minister concluded by saying that he will meet again in the coming days with freight transporters to agree on an increase in diesel fuel.

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