What are the Government programs that would be affected in 2025?

The cut in subsidies in Colombia is imminent. 2025 will come hand in hand with modifications in budget items, so many of the social aid and programs that were supported until now will be impacted by the changes. Which of them will be affected?

As is known so far, Young Income, VAT Refund and Housing Subsidies They are programs that will undergo changes.

In the first case, It is a program that supports young people in poverty and vulnerability.high school students from 14 to 28 years old so that they can finish their studies and receive training.

VAT refundfor its part, aims “reduce the impact of sales tax (VAT) collection on the poorest households in the country”. Currently, more than 500,000 households in the country benefit from this aid.

Housing Subsidies: The ‘Mi Casa Ya’ program, of the Government of Colombia, gives vulnerable families a subsidy to be able to acquire their social interest space (VIS) and priority space (VIP).

(Read: Banco Agrario: what are the service channels to consult the Citizen Income?)

“Social Prosperity has a budget of 10.7 billion pesos for this year, and everything will be executed. Well, subtracting the cuts they made to us, first the freeze of 20 billion to the entire Government and now the next one of 13.3 billion, we are going to be affected by close to a billion. But let’s say that, out of 9.7 billion for next year, my budget is going to be 5.3 billion pesos.”said director Bolívar in November on Radio W.

(Further: Do you use them? 5 words that ‘unintelligent’ people use, according to AI)

For this reason, there are some programs that will see important changes, including the Government’s objective is to transform this aid into sources of work and thus reduce the dependence of some sectors on the State. “When analyzing the behavior of people who receive subsidies, we have realized that many of them, in order not to lose the subsidy, refuse to escape poverty,” the official revealed.

They are still waiting for more definitions and how social aid will be managed next year.