Citizen Income is a government program seeks to support families in situations of vulnerability and extreme poverty. These monetary transfers not only seek to alleviate immediate poverty, but also encourage social mobility and support the local economy. In this sense, during November there will be two collection cycles. The details.
Payments for the month of November
As established by the Administrative Department for Social Prosperitythe entity that is in charge of the distribution and allocation of social programs, stipulated the payment of cycle 11 of Colombia Mayor and the fourth cycle of VAT Compensation.
Although the payment date has not been confirmed, it is anticipated that they will begin between mid and late November.
Let us remember that many of these shipments had been delayed in September and October due to budget problems, so this announcement represents relief.
For their part, the payment methods remain the same as those that have been used recently:
– Reval
– Tpaga
– Effectiveness
– Puntored
– DaviPlata
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What is Colombia Mayor of the Citizen Income program?
Greater Colombia. The details of the tenth cycle.
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Colombia Mayor is a social protection program for older adults in Colombia, designed to provide economic support to those who are in situations of vulnerability, poverty or extreme poverty.
Additionally, they must be beneficiaries who:
-They are of Colombian nationality
-Have resided in Colombia during the last 10 years
-Be at least 54 years old (women) or 59 years old (men)
-Lack sufficient income to survive
-Belong to groups A, B or C1 of Sisbén IV
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How does VAT Compensation work?
What you should know about the peak and ID.
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VAT compensation in Colombia, also known as VAT Refundis a social program that seeks to alleviate the impact of the Value Added Tax (VAT) on the most vulnerable households in the country.
The beneficiaries are mainly:
-Households classified as extreme and moderate poverty according to Sisbén (Beneficiary Selection System for Social Programs).
-Indigenous families and other vulnerable groups that meet the criteria established by the DPS.
Although the main purpose of this program is to reduce the social gap, it also seeks to generate greater equity in the tax system, providing resources to the most needy households.
In this way, families who receive monetary transfers benefit, as well as those who have shops and stores with basic necessities.
