Bogotá Council approved the Marshall Plan for economic reactivation



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The Bogotá Council approved this Saturday the so-called Marshall Plan, an aggressive package of economic measures with which the District hopes to give a boost to millions of citizens affected by the closures and the crisis that the coronavirus has generated. COVID-19
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What are the key points of the initiative? In addition to encouraging job creation, there are three fundamental aspects:

  • Freeze the property for 2.6 million owners, with exemptions of up to 80% for schools and gardens
  • Gives relief to theaters and museums
  • Generates discounts of up to 25% of the ICA to companies with falls in their income

Mayor Claudia López thanked the Council and said that the Marshall Plan will benefit, in a very particular way, MSMEs.

Just a few days ago, the Liévano Palace had announced payroll subsidies for small companies that have been affected by the pandemic but are nevertheless willing to keep jobs.



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