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Análisis Político
Print version ISSN 0121-4705
Abstract
NINO AMEZQUITA, José Luis and GUERRERO JIMENEZ, Andrea Del Pilar. EFFECTS OF THE HEALTH CRISIS ON THE FINANCING OF DEVELOPMENT STAKES IN COLOMBIA’S CITIES. anal.polit. [online]. 2020, vol.33, n.100, pp.7-26. Epub Apr 05, 2021. ISSN 0121-4705. https://doi.org/10.15446/anpol.v33n100.93358.
The health crisis generated by Covid-19 has changed personal and social realities, also significantly affecting the course of the economy. The current projections for the Colombian economy will affect the budgets of the territorial entities, which will have to face the costs caused for direct attention to the pandemic and affect their tax revenues, an essential source for financing medium and long-winded development objectives. The article shows the behavior of territorial entities. It shows the significant challenges that Colombian cities will have to face due to the obligation to reallocate existing resources, in conjunction with the present and future decrease in income.
Keywords : Territorial public finances; territorial development; industry and trade tax (ICA); territorial budgets; Covid-19 economic effects..