Colombia's president withdraws tax reform after protests


  • World
  • Monday, 03 May 2021

FILE PHOTO: Demonstrators take part in a protest against the tax reform of President Ivan Duque's government in Bogota, Colombia, May 1, 2021. REUTERS/Luisa Gonzalez/

BOGOTA (Reuters) -Colombian President Ivan Duque said on Sunday he would withdraw a proposed tax reform after sometimes violent protests and widespread lawmaker opposition, though he insisted a reform is still necessary to ensure fiscal stability.

Duque said on Friday the law would be revised to remove some of its most controversial points - including the leveling of sales tax on utilities and some food - but the government had previously insisted it could not be withdrawn.

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