
Main economic measures adopted by the business sector during the COVID-19 pandemic in Colombia
92
Ana Cristina Argoti Chamorro
John Ernesto Bennett Muñoz
Luis Giovanni Revelo RamÃrez
Revista Criterios - 30 (1) January-Juny 2023 Rev. Criterios - pp. 92-110
ISSN: 0121-8670, ISSN Electrónico: 2256-1161
https://doi.org/10.31948/rev.criterios
Universidad Mariana, San Juan de Pasto, Nariño, Colombia.
Main economic measures adopted by
the business sector during the COVID-19
pandemic in Colombia
Ana Cristina Argoti Chamorro
1
John Ernesto Bennett Muñoz
2
Luis Giovanni Revelo RamÃrez
3
To reference this article / Cómo citar este artÃculo / Para citar este
artigo: Argoti-Chamorro, A. C., Bennett-Muñoz, J. E., & Revelo-RamÃrez,
L. G. (2023). Main economic measures adopted by the business sector
during the COVID-19 pandemic in Colombia. Revista Criterios, 30(1),
92-110. https://doi.org/10.31948/rev.criterios/30.1-art6
Reception date: June 15, 2022
Review date: November 22, 2022
Approval date: December 06, 2022
Abstract
The purpose of this review article is to describe the situation presented in
companies during the COVID-19 pandemic and the measures adopted by
the government to favor their permanence and reactivation and ensure their
function of providing products and employment. In the referential framework
of the research ‘Business Economic Situation in the city of Pasto due to the
COVID-19 pandemic’, it is evident that the economy is going through a crisis that
aî§‘ects the dynamics of companies and warrants state intervention, by means
of relevant policies to face such situations. It assumes the descriptive method,
through the documentary review of updated sources and published in scientic
and electronic journals. The pertinent information was systematized under a
process that started with the choice of the topic, followed by the determination
of the objective, collection of the bibliography, and development of the argument
until the conclusions.
Although the Colombian government implemented emergency mitigation
measures, some scal to alleviate tax responsibilities, others to provide nancial
leverage and improve the liquidity of companies, as well as labor measures that
became a rst relief against the situation, it is necessary to guarantee their
continuity, as well as improve access for most companies.
Keywords:
Pandemic; lockdown; crisis; government intervention; business
sector.
1
Master’s Degree in Agroindustrial Marketing from Universidad Jorge Tadeo Lozano, Bogotá. Full-time Associate Professor at Universidad
Mariana, Pasto, Nariño, Colombia. E-mail: aargoti@umariana.edu.co - cristinaargoti83@gmail.com.
2
Master’s Degree in Administration and Competitiveness from Universidad Mariana. Full Time Associate Professor at Universidad
Mariana, Pasto, Nariño, Colombia. E-mail: jbennett@umariana.edu.co - johnernesto@hotmail.com.
3
Master’s Degree in Taxation and Fiscal Policy, Universidad de MedellÃn. Full Time Assistant Professor at the Universidad Mariana, Pasto,
Nariño, Colombia. E-mail: luisgi.revelo@umariana.edu.co - giovanni.revelo20@gmail.com.
Review article, conducted on the frames of reference of the research entitled: Business Economic Situation in the city of Pasto due to
Pandemic COVID-19, developed from June 26, 2021, to January 26, 2023.