These were the revenues and expenses that Petro reported for his campaign

For the second round, the Petrista campaign reported $12,842,206,922, which is 96% of the cap set by the CNE.

This amount was accounted for in percentage terms as follows: 69.19% was allocated to election propaganda, 10.36% to transport and postal service, 7.37% to administration costs, 1.76% to public actions, 9.19% to training and political research , 0.93% in finance costs, 1.07% in legal and accountability costs and 0.13% in office costs and acquisitions.

For the second round, the sources of funds reported by Petro’s presidential campaign were discriminated as follows: loans from the financial sector (99.72%), return on investment (0.02%), and contributions or donations from individuals (0 .26%).

It is worth noting that the CNE is investigating whether the Petro-Márquez campaign has breached the spending cap during the first and second rounds. In this sense, Article 14 of the Guarantee Act stipulates that 20% of the ceiling of the presidential campaign costs may be financed by natural persons, but that individual donations from natural persons cannot exceed 2%.

Source: El Heraldo

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