Colombia to propose new economic emergency decree

- Colombia's government will propose a new economic emergency decree aimed at securing 8 trillion pesos ($2.19 billion) for emergency measures in flooded areas of the country, finance minister German Avila said on Tuesday.

He added that the new decree would include a tax on companies with assets exceeding 10 billion pesos ($2.73 million).


($1 = 3,660.8100 Colombian pesos)