De la Espriella pledges major increase to senior subsidies despite claims of Colombia’s financial ‘disaster’

President-elect Abelardo de la Espriella promised to substantially increase subsidies for older Colombians living without a pension. Though he lamented the “absolutely unfinanced” state of the Colombia Mayor senior subsidy program he will inherit, de la Espriella said he would meet its existing obligations and eventually raise its periodic payments to 400,000 pesos, or about […]