FISCAL POLICIES

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Fiscal policy is public spending and tax collection designed to influence the economy. Seeks to contribute to economic growth and price stability (low inflation). Through these they invest in infrastructure, transport, health and many more components that contribute to growth.

 

These policies primarily impact the market for goods and services, where our company moves. In the case where the government cuts taxes and that helps us that customers have a higher income and thus consume more products. (Banrepcultural.org, 2016). Also it is occurring in Colombia the agricultural strike is a phenomenon that affects all Colombian families as a giant inflation occurs in the prices of products in the basket, as the government does not give enough budget to agriculture and allows much access foreign companies. (Tiempo, 2016).

 

Fiscal policies directly affect the economy of our company and we analyze them carefully to predict future economic movements and anticipate changes. We also have to take advantage of the lower taxes when they occur and take advantage of competition in order to have greater coverage and market position.

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BIBLIOGRAPHY

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Banrepcultural.org. (2016). Política fiscal | banrepcultural.org. [online] Available at: http://www.banrepcultural.org/blaavirtual/ayudadetareas/economia/politica_fiscal [Accessed 13 Aug. 2016].

 

Tiempo, C. (2016). Cinco puntos clave para entender el paro agrario nacional | Gobierno |

 

Portafolio.co. [online] Portafolio.co. Available at: http://www.portafolio.co/economia/gobierno/cinco-puntos-clave-entender-paro-agrario-nacional-496793 [Accessed 14 Aug. 2016].