Academic literature on the topic 'General expenses of vacationers'

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Journal articles on the topic "General expenses of vacationers"

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Starkova, N., and M. Prilyubchenko. "Methodical tools of assessment of level of influence of tourism for national economy." Bulletin of Science and Practice, no. 11 (November 14, 2017): 327–37. https://doi.org/10.5281/zenodo.1048507.

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The basic concepts defining the character of the economic relations of subjects of tourist branch are given. According to the data of the World Trade Organization is established the growth of world tourist branch. It is confirmed that this tendency is characteristic also of the Russian Federation. However in our country uniform approach to modelling of the effective mechanism of functioning and development of national tourist branch isn't created yet. The major factors influencing the development of tourism in the Russian Federation are considered, indicators of their assessment are offered. T
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Subbarayudu, Yerragudipadu, Vijendar Reddy Gurram, T. S. Ritvik, et al. "A Machine Learning Chronicle in Airfares for Pricing the Clouds." MATEC Web of Conferences 392 (2024): 01118. http://dx.doi.org/10.1051/matecconf/202439201118.

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The subject of airfare is examined in this paper. As a result, a collection of factors that characterize a typical flight are selected under the presumption that they have an impact on airline ticket costs. The price of a plane ticket is influenced by the length of the trip, the location, the schedule, and several other factors, like holidays or vacations. Therefore, many people will surely save time and effort by having a basic awareness of airline expenses prior to making trip arrangements. The performance of the seven different machine learning (ML) models used to anticipate the price of ai
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Altaibayeva, Z. K., N. E. Pfeifer, V. P. Shelomentseva, and Sh Sh Khamzina. "Assessment of the attractiveness and problems of the Territorial Natural Recreational Systems of North-East Kazakhstan by the population." Bulletin of the Karaganda university Economy series 104, no. 4 (2021): 4–12. http://dx.doi.org/10.31489/2021ec4/4-12.

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Object: To do the assessment of territorial resources, recreational services for their development by the population and consumers, to formulate proposals for their development and preservation of the natural environment.Methods: A review of scientific literature on the topic of research, sociological methods to obtain the necessary information based on research sample. This kind of research has not previously been carried out on the objects under study.Results: As a result of a sociological survey, the influence of the population on the preservation of the natural environment was revealed, th
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Orabi, Rania. "Determining Factors of Local Vacationers’ Loyalty: Mediating Role of Vacationers’ Satisfaction and Attitude Towards Visiting the Beach." Journal of Tourism, Hotels and Heritage 4, no. 2 (2022): 22–49. http://dx.doi.org/10.21608/sis.2022.137893.1052.

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Yakunin, N. N., N. V. Yakunina, A. F. Fattakhova, A. A. Postnikova, and M. R. Yanuchkov. "Forecasting technique of transport need for population of cities with high tourist potential during peak seasons." Russian Automobile and Highway Industry Journal 21, no. 2 (2024): 256–69. http://dx.doi.org/10.26518/2071-7296-2024-21-2-256-269.

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Introduction. One of the key problems in ensuring the quality of recreation for the population is the provision of transport services that meet the transport needs of vacationers. The study of the transport needs of the population of resort cities during the holiday season is caused by the need to assess changing passenger flows as a result of a multiple increase due to vacationers in accordance with their place of attraction and possible adjustments to the routes of regular passenger transportation by road. This determines the relevance of the topic of this article. The purpose of the article
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Koval, Svitlana, Svitlana Skrypnyk, and Inesa Shepel. "Conceptual principles of automation of accounting for work and salaries of employees of agricultural enterprises." University Economic Bulletin, no. 55 (December 29, 2022): 47–53. http://dx.doi.org/10.31470/2306-546x-2022-55-47-53.

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The subject of the study is the theoretical and practical aspects of automating labor and salary accounting in agricultural enterprises. The purpose of the article is to substantiate the conceptual foundations of automating the accounting of labor and wages of employees of agricultural enterprises, to identify differences in its directions and to evaluate competitive advantages and results for the needs and improvement of management. The methodological basis of the article was dialectical, historical, monographic, system-structural analysis and synthesis; economic comparisons; special methods
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Kasper, Sabine S., Rainer Fretz, Christian Kornschober, Franz Allerberger, and Daniela Schmid. "Imported Salmonella Enteritidis cases: a multiphage outbreak among Austrian vacationers in Turkey, 2008." Wiener klinische Wochenschrift 121, no. 3-4 (2009): 144–48. http://dx.doi.org/10.1007/s00508-008-1136-9.

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Ward, James. "Claiming expenses." BMJ 330, no. 7502 (2005): s218—s219. http://dx.doi.org/10.1136/bmj.330.7502.s218.

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Boyko, G., S. Sharafutdinova, and L. Muravsʹkyy. "FEATURES OF ORGANIZING ACTIVE RECREATION IN INSTITUTIONS OF HIGHER EDUCATION BY MEANS OF PHYSICAL EDUCATION." Scientific Journal of National Pedagogical Dragomanov University. Series 15. Scientific and pedagogical problems of physical culture (physical culture and sports), no. 3(161) (March 15, 2023): 9–11. http://dx.doi.org/10.31392/npu-nc.series15.2023.03(161).01.

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The article analyzes the peculiarities of the organization of active recreation in institutions of higher education by means of physical education. In the realities of our time, active recreation of students is important and has a positive effect on the body of those who are engaged. After all, the motor activity of students has noticeably decreased due to a number of reasons. Active introduction of sports and physical culture and health facilities into the daily routine (morning hygienic gymnastics, volleyball, basketball, football, boating, walks to the forest) 70-90% of those who practice i
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Ford, J. "General practitioners' practice expenses." BMJ 292, no. 6534 (1986): 1539. http://dx.doi.org/10.1136/bmj.292.6534.1539.

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Dissertations / Theses on the topic "General expenses of vacationers"

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Нініч, Вероніка Здравківна, та Veronika Ninich. "Вибір місцерозташування складу компанії із надання послуг у галузі побутового ремонту об’єктів роздрібної торгівлі". Thesis, Національний авіаційний університет, 2021. https://er.nau.edu.ua/handle/NAU/50531.

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1. Горемикін В.А. Планування на підприємстві [Електронний ресурс]. − Режим доступу: https://stud.com.ua/16800/ekonomika/planuvannya_na_pidpriyemstvi<br>Під час вибору місцезнаходження складського приміщення для будь-якої сервісної компанії до уваги маємо взяти велику кількість факторів, серед яких можна виділити: щільність транспортних потоків, можливість встановлення необхідного обладнання для вантажно-розвантажувальних робіт, відповідні умови зберігання матеріалів, наявність місця дя зупинки та стоянки автомобільного транпорту різних розмірів, а також відстань до складів постачальника, магаз
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Novotný, Roman. "Návrh metod hodnocení ukazatelů efektivity civilních letišť." Master's thesis, Vysoké učení technické v Brně. Fakulta strojního inženýrství, 2011. http://www.nusl.cz/ntk/nusl-229907.

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Introductory part of this thesis concludes the development of air traffic, division of airports in the Czech Republic according to the Ministry of Transport, according to the Law on Civil Aviation and according to the Coding of the airports (Requirement L 14). The aim was to realize theoretical definition and division of output and economic indicators. After that comes choice of appropriate airports from the European Union. The choice has been made on the basis of the number of check-in passengers at the airport in Prague-Ruzyně. Eight most suitable airports have been chosen from all twenty-se
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"Three essays in health economics: Public hospital presence and workers' insurance choice risk preferences and insurance choice managed care market penetration and hospital expenses." Tulane University, 1999.

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This dissertation consists of three separate but related essays that examine particular issues relating to insurance markets. The first essay, found public hospital presence and its associated charity care to have a significant impact upon the insurance choices of workers. Independent of income level, access to a public hospital system increases the probability that a worker is uninsured. The magnitude of the effect does depend upon income, with a ten percentage point increase in percent public beds causing a 5.0 point increase in the uninsured amongst the poor while the same change actually d
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Moodley, Theogaren. "A critical analysis of the tax deductibility of expenses incurred in virtual worlds by the South African taxpayer." Diss., 2012. http://hdl.handle.net/2263/23046.

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The arrival of the Internet and the World Wide Web has had a radical impact on commerce and people’s ability to interact virtually. Through these channels various new methods of earning income have been created. Income earned virtually creates a new type of commerce not previously envisioned whilst the South African Income Tax Act was drawn up. The revenue earned is, however. encompassed in the Act. South African residents have as a result entered the taxation net of the South African Revenue Services without understanding the full implications of being taxed. Of particular importance are the
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Кортуняк, Оксана Валеріївна, та Oksana Kortuniak. "Організація обліку, аналізу та контролю за доходами та витратами в закладах охорони здоров’я (на прикладі Державної установи «Тернопільський обласний лабораторний центр МОЗ України»)". Master's thesis, 2019. http://elartu.tntu.edu.ua/handle/lib/31341.

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Робота містить теоретичне обґрунтування застосування бухгалтерського обліку в бюджетних установах, вивчення його методичних прийомів і формування доходів та витрат. Досліджено теоретичні основи обліку доходів і витрат в бюджетних установах, визначено економічну сутність та завдання обліку доходів, наведено їх класифікацію, визначено економічну сутність, класифікацію та завдання обліку витрат. Наведено економіко-правові аспекти організації обліку доходів і витрат. Охарактеризовано організацію аналітичного та синтетичного обліку доходів, розкрито методику проведення аналітичного та синтетич
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Голуб, Аліна Василівна, та Alina Holub. "Специфіка обліку, аналізу та контролю складових частин загального та спеціального фондів бюджетних установ (на прикладі Гусятинського коледжу ТНТУ ім. І. Пулюя)". Master's thesis, 2020. http://elartu.tntu.edu.ua/handle/lib/33316.

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Робота містить дослідження теоретичних, методичних та організаційних питань обліку формування та використання складових частин загального та спеціального фондів бюджетних установ, їх аналізу та контролю, розроблення рекомендацій з їх удосконалення. Розкрито сутність та складові загального та спеціального фондів бюджетної установи. Здійснено організаційно-економічну характеристику Гусятинського коледжу. Визначено методично-організаційні підходи обліку складових частин загального та спеціального фондів. Обґрунтовано пропозиції з удосконалення обліку надходжень
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Назаренко, Вікторія Олександрівна. "Облік і аналіз доходів та видатків місцевого бюджету в Управлінні державної казначейської служби України в Оріхівському районі Запорізької області". Магістерська робота, 2021. https://dspace.znu.edu.ua/jspui/handle/12345/5538.

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Назаренко В. О. Облік і аналіз доходів та видатків місцевого бюджету в Управлінні державної казначейської служби України в Оріхівському районі Запорізької області : кваліфікаційна робота магістра спеціальності 071 «Облік і оподаткування» / наук. керівник В. В. Сьомченко. Запоріжжя : ЗНУ, 2021. 108 с.<br>UA : Кваліфікаційна робота: 108 с., 3 розділи, 10 табл., 18 рис., 3 додатки, 79 джерел. Об’єктом дослідження є процес обліку доходів і видатків місцевого бюджету в управлінні Державної казначейської служби України в Оріхівському районі Запорізької області. Метою кваліфікаційної роботи є об
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Books on the topic "General expenses of vacationers"

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Assembly, Maryland General. Instructions and guidelines for district office expenses: Effective July 1, 1986. The Assembly, 1987.

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Biddlecombe, Peter. Travels with my briefcase: Around the world, on expenses. Little, Brown, 1994.

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Canada, Canada Elections. Thirty-fifth general election 1993: Contributions and expenses of registered political parties and candidates. Elections Canada, 1993.

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Canada, Elections, and Canada. Office of the Chief Electoral Officer., eds. Thirty-fifth general election 1993: Contributions and expenses of registered political parties and candidates. Chief Electoral Officer of Canada, 1993.

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John, Messina, and Block Ellen, eds. Telecommunications expense management: How to audit your bills, reduce expenses and negotiate favorable rates. CMP Books, 1999.

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Parliament, Great Britain. Governor general of Canada: Account of the expense incurred in the outfit and other expenses connected with the mission of the Right Honourable Charles Poulett Thomson, governor general of Canada. HMSO, 2001.

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United States. Congress. House. Committee on Government Operations. Authorization of representation and reception expenses for the General Services Administration: Report (to accompany H.R. 5049) (including cost estimate of the Congressional Budget Office). U.S. G.P.O., 1988.

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Great Britain. Northern Ireland Audit Office. Reports by the Comptroller and Auditor General for Northern Ireland: University of Ulster: senior officers' expenses, Energy efficiency in the education sector, Mamagement of Richmond Chambers. Stationery Office Books, 2000.

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Office, New Zealand Audit. Report of the Controller and Auditor- General, Tumuaki o te Mana Arotake, on inquiry into expenses incurred by Dr Ross Armstrong as chairperson of three public entities. Controller and Auditor- General], 2003.

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The Vacationers. Riverhead Books, a member of Penguin Group (USA), 2014.

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Book chapters on the topic "General expenses of vacationers"

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Pühringer, Andrea. "Frankfurt’s Book and Art Market in the 17th Century." In From Press to Readers. Éditions et Presses universitaires de Reims, 2024. https://doi.org/10.4000/13fws.

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Frankfurt as the centre of book production is the focus of the study. Due to the poor state of the sources and especially due to the effects of the Thirty Years’ War, which affected Frankfurt in the long term, statements on the organisation of the book and art market in the 17th century can only be made conditionally. The connections between the book market and the art market are an important aspect of the presentation. The increase in illustrations, initially woodcuts, later increasingly copper engravings, not only accelerated book prices, but also production costs. At the same time, they mad
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Ditlev-Simonsen, Caroline D. "Anti-corruption." In A Guide to Sustainable Corporate Responsibility. Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-88203-7_10.

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AbstractRepresenting at least five percent of world GDP, corruption is a great challenge in general, and especially associated with sustainable business, both nationally and internationally. In this chapter, I reflect on how to address corruption and anti-corruption practices. Typical forms of corruption include bribery, facilitation payments, gifts, hospitality and expenses, political contributions, charitable contributions, sponsorships, voluntary community contributions, trading in influence, and conflict of interest and impartiality. Corruption leads to weak institutions and injustice, les
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Mabuchi, Masaru. "Public Finance." In Governance and Public Management. Springer International Publishing, 2024. http://dx.doi.org/10.1007/978-3-031-58610-1_12.

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AbstractIn this chapter, I will discuss public finance and particularly the general account budget of the country.First, I will examine the positioning of budgets in Japan by way of comparing it with other laws. Budgets have points in common with and points of difference from laws. The former includes the fact that neither a budget nor a law can be enacted unless the Diet, as the highest organ of state power, adopts a resolution (Article 86 of the Constitution).On the other hand, there are several points of difference between budgets and laws. First, a draft budget must first be submitted to t
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Panarello, Demetrio, and Giorgio Tassinari. "Job loss and financial struggle among the older age groups in 2021: Lessons from the European Union." In Proceedings e report. Firenze University Press and Genova University Press, 2023. http://dx.doi.org/10.36253/979-12-215-0106-3.26.

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The COVID-19 pandemic has caused detrimental economic effects worldwide. Adults around retirement age are especially vulnerable in this respect, being more likely to experience disturbances to their employment patterns: indeed, older adults are in general more affected by COVID-19 than the younger ones and less comfortable with working remotely, particularly as this often implies the possession of specific technological skills. Here, we examine the different impacts of the pandemic crisis on the various socio-demographic groups, particularly focusing on workers aged 50 and above who have exper
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"General Overhead Expenses." In Cost Reduction and Optimization for Manufacturing and Industrial Companies. John Wiley & Sons, Inc., 2010. http://dx.doi.org/10.1002/9780470643815.ch26.

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"General and Administrative Expenses." In The Controller's Function. John Wiley & Sons, Inc., 2012. http://dx.doi.org/10.1002/9781118268377.ch10.

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"Additional Fees and Charges." In Expenses, edited by Iain W. Nicol and James S. Flett. Edinburgh University Press, 2022. http://dx.doi.org/10.3366/edinburgh/9781474483650.003.0020.

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This chapter provides a summary of the option available to a successful party to seek an uplift on the fee element of their account of expenses following upon a general finding of expenses in their favour. The criteria which form the basis for such an application for additional fee or charge are examined and commentary provided thereon. The permitted timing of the application is discussed as is the role of the court c.f. the auditor in such applications. The treatment of fees of English or foreign agents is covered as is the effect of the granting of an additional fee/charge on earlier / inter
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Gwosc, Christoph. "Students’ expenses." In Social and Economic Conditions of Student Life in Europe: Eurostudent 8 Synopsis of Indicators 2021-2024. wbv Media, 2024. http://dx.doi.org/10.3278/6001920ew008.

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Covering one's own expenses can be regarded as the most important motif for students to generate income. This chapter thus supplements the analysis of the income situation of students. It analyses the expenses of students in the EUROSTUDENT countries in absolute and relative terms. Firstly, a comparison is made between the development of student expenditure and the general inflation rate over the last three years in order to assess a general effect of the recent inflation on students. Various structural analyses of student expenditure in the areas of living costs and study-related costs are th
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Friston, Mark. "Legal Expenses Insurance." In Friston on Costs, 4th ed. Oxford University Press, 2023. https://doi.org/10.1093/law/9780192869081.003.0034.

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Abstract This chapter tackles the nature of legal expenses insurance. Legal expenses insurance refers to a type of general insurance that protects the insured against the risks of incurring costs or satisfying an adverse costs award. The three types of legal expenses insurance are before-the-event (BTE) insurance, after-the-event (ATE) insurance, and top-up insurance. The differences between BTE insurance and ATE insurance lie in whether the policy is incepted before or after the litigation occurred. On the other hand, top-up insurance is where the policy is incepted to cover costs that might
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"Commissions, General Expenses, and Deferred Acquisition Costs." In Audit and Accounting Guide. American Institute of Certified Public Accountants, Inc., 2018. http://dx.doi.org/10.1002/9781119569213.ch9.

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Conference papers on the topic "General expenses of vacationers"

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Skip Vernon, L. "Avoiding and Managing Coating Claims." In SSPC 2000. SSPC, 2000. https://doi.org/10.5006/s2000-00047.

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Abstract Coating claims generally fall within well-defined legal categories. If one knows the general legal categories and the elements for proving or defending a claim, legal expenses can be reduced and the chances of prevailing can be enhanced. Coating claims come in many different sizes and shapes and while each is different, over time they become remarkably similar.
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Kinstler, Thomas J. "Accounting and Corrosion Economics." In CORROSION 1986. NACE International, 1986. https://doi.org/10.5006/c1986-86388.

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The purpose of this paper is to discuss basic accounting terms and procedures to the corrosion technologist. The author is not a professional accountant and does not intend to provide recommendations or guidance in actual accounting decisions--rather the author intends to describe accounting for the general information of the audience and reader as an aid to understanding the makeup, significance and relationship of an organization's financial statements. Further, the author explores in slightly more detail those accounting procedures which would influence cash flows (such as expenses) relevan
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Hoencamp, Alrik. "Lessons Learned from NH90 NFH Helicopter-Ship Qualification Testing across the Entire Dutch Fleet." In Vertical Flight Society 70th Annual Forum & Technology Display. The Vertical Flight Society, 2014. http://dx.doi.org/10.4050/f-0070-2014-9606.

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In general, the helicopter industry delivers a helicopter that has undergone elaborate in-flight test campaigns performed to demonstrate safe flight within the expected operational envelope. However, establishing the operational potential and limitations for safe shipboard helicopter operations is still considered a national responsibility. For some reason, there are still no internationally agreed regulations or standard procedures to establish the required helicopter-ship operational limitations. Consequently the kind of interpretation given to such limitations differs strongly between count
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Kang, Ping, and Zuguang Hu. "Organization Cost, Sales, General and Administrative Expenses and Management Cost." In 2009 International Conference on Information Management, Innovation Management and Industrial Engineering. IEEE, 2009. http://dx.doi.org/10.1109/iciii.2009.66.

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Kwon, Sung S., Patrice Gélinas, and Nelson Waweru. "Earnings management and asymmetric sensitivity of bonus compensation to earnings for high-growth firms." In Corporate governance: Theory and practice. Virtus Interpress, 2022. http://dx.doi.org/10.22495/cgtapp4.

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In this study, examined whether high-IOS (investment opportunity set) firms vis-à-vis non-growth (low-IOS) firms will not reduce discretionary expenditures, such as advertising expenses, research and development, and selling, general and administrative (SG&amp;A) expenses, to further sustain the firm growth in a more conservative reporting environment (the post-Sarbanes-Oxley (SOX) period). Also investigated, as an extension of a prior paper, the sensitivity of chief executive officer (CEO) bonuses to earnings in the cases of high-IOS and low-IOS firms.
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Nederiţa, Alexandru. "Considerations about the structure and preparation method of the new format of profit and loss statement." In International Scientific Conference “30 Years of Economic Reforms in the Republic of Moldova: Economic Progress via Innovation and Competitiveness”. Academy of Economic Studies of Moldova, 2022. http://dx.doi.org/10.53486/9789975155663.11.

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The new format of profit and loss statement was elaborated based on the Annex VI of the Directive 2013/34/EU and entered into force starting reporting period 2020. In this format additionally were included several categories of income and expenses that characterize the operational and financial activities of the entity. This article examines the main issues concerning to the structure and preparation method of the profit and loss statement which relate to:- general rules for preparation the profit and loss statement;- the way of calculation the indicators related to revenues, expenses and fina
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Koutenský, Otakar. "Postavení správce závodu." In Naděje právní vědy 2022. University of West Bohemia, Czech Republic, 2023. http://dx.doi.org/10.24132/zcu.nadeje.2022.266-276.

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The article deals with a general outline of the position of the warden of enterprise during the execution by sale of the enterprise. The article discusses in detail who and how the warden of enterprise can be appointed, as well as the rights and obligations of the warden of enterprise in the management of the enterprise, including the claims of the warden of enterprise for payment of remuneration and reimbursement of finished expenses.
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Kontsova, K., N. Moskovkin, Irina Marchuk, and Nadezhda Bukhonova. "WAYS TO INCREASE PROFIT OF AN ENTERPRISE." In MANAGER OF THE YEAR – 2024. FSBE Institution of Higher Education Voronezh State University of Forestry and Technologies named after G.F. Morozov, 2024. https://doi.org/10.58168/moty_99-105.

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In a market economy, the main goal of entrepreneurial activity is to make a profit. To maximize this indicator, it is necessary to analyze the formation and changes in financial results and their constituent income and expense elements in order to form an information base for taking management actions to increase the profitability of the analyzed enterprise for the analyzed period. To do this, both general indicators and private ones are identified, which had the greatest impact on the formed values, namely: the cost of production and administrative expenses
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Popov, Vladimir. "HYDROPONICS IS A NEW PARADIGM AND A WAY OF FODDER PRODUCTION INTENSIFICATION." In Multifunctional adaptive feed production. Federal Williams Research Center of Forage Production and Agroecology, 2020. http://dx.doi.org/10.33814/mak-2020-22-70-134-144.

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Hydroponics is a way of intensification and a new paradigm of fodder production: from adaptive plant growing to operated cultivation of green mass of the set property. In a review the precondition of introduction of the alternative high-quality green foods "know-how" in completely controllable conditions are presented. Terms and definitions of the general concept and separate parts of hydroponic forage are given. Hydroponics makes for every day providing animals with the adequate quantity of high-quality forage. The hydroponics of forages allows to cultivate ecologically pure and organic produ
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V, Kowshika, Yogesh D, Roshan Krishvi, Sedhuraman P K, and Rashmi Reddy. "Aqua Mind: Intelligent Dredging Decisions Made Easy." In International Conference on Recent Trends in Computing & Communication Technologies (ICRCCT’2K24). International Journal of Advanced Trends in Engineering and Management, 2024. http://dx.doi.org/10.59544/ehpo6673/icrcct24p8.

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The progressive Dredging Analysis and Decision Support System (DADSS) adopts data based and acquired modelling methods in transforming dredging practices. Such a system allows canal managers to make clear decisions on when dredging projects should be executed, the magnitude of the projects and the viability of such ventures in the long term, after assessing the complex water flow, sedimentation characteristics, and ecology of the area. One of the areas where DADSS excels is in the prediction of the rates of sedimentation using some advanced and over enhancing algorithms. At the end, this leads
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Reports on the topic "General expenses of vacationers"

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Bonilla-González, Ricardo, Olga Lucía Acosta-Navarro, Roberto Steiner-Sampedro, et al. Report of the Board of Directors to the Congress of Colombia, March 2024. Banco de la República, 2024. http://dx.doi.org/10.32468/inf-jun-dir-con-rep-eng.03-2024.

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In 2023, the Colombian economy made progress in the macroeconomic adjustment required to achieve growth compatible with its productive capacity and external and price stability. This adjustment was reflected in the beginning of the convergence of inflation towards the target, which closed the year at 9.3%. This adjustment is an important step forward in the Board of Directors’ (BDBR) intention to drive inflation toward its target by mid-2025. Net foreign reserves increased and at the end of 2023 reached USD 59,608.3 million, and Banco de la República’s (the Central Bank of Colombia, Banrep) pr
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Guevara-Castañeda, Diego Alejandro, Leonardo Villar-Gómez, Olga Lucía Acosta-Navarro, et al. Report of the Board of Directors to the Congress of Colombia, February 2025. Banco de la República, 2025. https://doi.org/10.32468/inf-jun-dir-con-rep-eng.01-2025.

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In 2024, the macroeconomic adjustment process continued, characterized by a sustained reduction in inflation that began in 2023 and a decline in the current account deficit of the balance of payments. This adjustment took place in the context of a contractionary monetary policy, with a gradual reduction in the monetary policy interest rate. GDP grew by 1.7%, driven by investment and consumption, while employment increased by 2.2%. Foreign reserves remained at adequate levels, and Banco de la República recorded a profit of COP 10,041 billion, benefiting from the returns on foreign reserves. Mac
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Report of the Board of Directors to the Congress of Colombia, July 2024. Banco de la República, 2025. https://doi.org/10.32468/inf-jun-dir-con-rep-eng.04-2024.

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In the first quarter of 2024, the figures of the National Administrative Department of Statistics (DANE in Spanish) showed that the economy achieved annual growth of 0.9%. Although this result was moderate, it confirmed the economy's recovery path. Monetary policy has played a critical role in containing inflationary pressures. This has allowed inflation to trend downwards, continuing into the first half of 2024. Net foreign reserves totaled USD 60,901 million as of 30 June 2024, a slight increase over the course of the year. For 2024, the profit of Banco de la República (the Central Bank of C
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