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August 11, 2022
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What are sumptuary expenses and why Petro ordered them to cut

What are sumptuary expenses and why Petro ordered them to cut

On August 9, the first council of ministers was held in which, according to the president of Colombia, Gustavo Petrogave an order to his cabinet related to the management of state finances.

(Tax on black pudding? Foods that would be taxed in the tax).

“I have given the order in the Council of Ministers to dismantle all the parallel payroll that exist in public entities and to eliminate all sumptuary or superfluous expensePetro posted on Twitter.

Although details of the instruction are not known, it is presumed that, with it, the elimination of some instances in the State that, according to his opinion, generate excessive expenses would be sought.

(This is the economic cabinet formed by Gustavo Petro).

What are sumptuary expenses?

According to austerity decree 397 of 2022, issued by the Duque Government, sumptuary or superfluous expenses are those that imply improvements “ostentatious such as embellishment, decoration, installation or adaptation of aesthetic finishes of real estate”.

This could indicate that these are those expenses that They are not necessaryand have an economic impact.

(César Ferrari will be the new director of National Planning).

It is worth remembering that this instruction is in addition to the presentation of the tax reform before Congress, and with the recent appointment of the director of the National Planning Department (DNP), César Ferrari.

BRIEFCASE



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