Public finances and their impact on the Colombian mining sector

Mining attorney Estefanny Pardo has presented a new radio show in collaboration with La Voz Minera EMG titled “Minería al Día con Estefanny Pardo.” In this episode, Ms. Pardo discusses various issues affecting the mining industry and government financial policies in Colombia. Ms. Pardo highlights the financial imbalance that the government is facing as a result of an error that has led to tax market saturation and increased income tax advances. The episode discussed three key factors contributing to this imbalance: reliance on projected revenues from tax disputes, overestimation of economic growth, and the Constitutional Court’s ruling on the non-deductibility of royalties.

Duration: 15:42

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