Government Approves Action Plan Focused on Employment, with $1.82 Trillion Investment to be Secured
Antonio Sanguino, Minister of Labour. Photo: Courtesy - A.P.I.
TL;DR
- The Colombian government presented an ambitious labor agenda for dignified and decent work.
- Key elements include the approval of CONPES 4189 and a decree for collective reparation to the union movement.
- CONPES 4189 outlines 104 actions over 10 years with an investment of $1.82 trillion to transform employment and reduce informality.
- The initiative aims to improve labor rights, increase productivity, and reduce conflict.
- A decree for collective reparation acknowledges anti-union violence and aims to repair historical damage to the union movement.
- Structural measures include expanding the Pension Contribution Subsidy Program (PSAP) to cover more unstable workers.
- The PSAP reform includes changes to contribution weeks, subsidy duration, and entry age, with an investment of nearly $309 billion in 2026.
- Other measures include doubling labor inspectors, youth employment programs, formalizing care work, and retraining for green jobs.