Economy

Gasoline prices rise again starting May 1: what will prices be like by city?

The Minister of Finance, Germán Ávila, confirmed this Thursday, April 30, 2026, that the price of gasoline is rising again in Colombia and the impact will be felt immediately in the pockets of citizens. Starting this Friday, May 1, the gallon of regular gasoline will increase by $400 throughout the country, thanks to a measure aimed at reducing the fiscal deficit and maintaining balance in public finances.

Delcy Rodríguez announces increase in the minimum comprehensive income to 240 dollars and pensions of $70

The acting president of Venezuela, Delcy Rodríguez, announced this Thursday an increase in the country's workers' minimum comprehensive income, consisting of salary and bonuses, to 240 dollars per month, amid union claims demanding an adjustment of their income after recent agreements with the United States. EFE She also announced [...]

Gasoline price will increase by 400 pesos starting Friday, May 1st

With the arrival of May, there will be a blow to Colombians' wallets. The government announced that there will be a new increase in the price of gasoline.

Trump highlights energy cooperation with Venezuela and oil boom: “We are getting along wonderfully”

The President of the United States, Donald Trump, assured this Thursday that relations with Venezuela are going through an "incredible period," marked by close cooperation in energy matters and a significant increase in the South American country's oil production. "It has been an incredible period of time between Venezuela and where we are doing very well. We are getting along very well with them, we are working very closely with them..."

Bank of the Republic maintains interest rates at 11.25%

The Bank of the Republic kept the benchmark interest rate stable at 11.25%. The decision had the unanimous vote of the seven members of the board.

Watch Your Wallet! Government Announces a $400 Increase in the Gallon of Gasoline and Will Study Adjustment for Diesel

The price of a gallon of gasoline will increase by $400 in May. Photo: MinEnergía

Central Bank Board of Directors leaves intervention rate unchanged at 11.25%

Germán Ávila, Minister of Finance and Public Credit, and Leonardo Villar, Manager of the Bank of the Republic. Photo: Bank of the Republic

Mercado Pago and Nubank Among the World's Most Influential Financial Companies According to TIME Magazine

Portafolio Journalist 04.30.2026 13:38 Updated: 04.30.2026 13:38

Seniat denies VAT increase to 25% and warns about disinformation

The National Integrated Service of Customs and Tax Administration (Seniat) on Thursday denied the veracity of an image circulating on social media about a supposed increase in Value Added Tax (VAT) to 25% as of May 1, calling it completely false. Through its official channels, the tax authority [...]

SAE auctions hotel in El Laguito that had links to 'la Madame'

The Special Assets Society (SAE) awarded two important properties for an amount close to $6 billion, after concluding independent electronic auctions in Bogotá.

Bank of the Republic announces April board decisions on interest rates

Bank of the Republic announces April board interest rate decisions

Eurozone registered timid growth of 0.1% and inflation of 3%, amid global energy pressure

Portafolio Journalist 04.30.2026 12:53 Updated: 04.30.2026 12:53