Housing Secretary Catalina Velasco confirmed that the Congress of the Republic has made a $1.5 billion budget addition to this ministry. Of that amount, $1 billion will be funded for the “Mi Casa Ya” grant program and $500 billion for the “Cambia Mi Casa” program. Regarding the ‘Mi Casa Ya’ grants, the head of housing […]
Tag: Budget addendum
The Ministry of Finance adjusts the addition again: it rises to 16 billion dollars
Finance Minister Ricardo Bonilla confirmed that another adjustment is being made in what has to do with the size of the country’s budget addition. This addition, which was initially expected at $23 billion, caused a drop of $14.7 billion. But now the panorama is different in terms of numbers as the head of treasury portfolio […]
“Most of the addition goes to social programs”: Ocampo
The budget addition proposed by the national government for the 2023 General Budget of the Nation (PGN), worth $23 billion, was presented to the economic committees of the Senate and House of Representatives by Treasury Secretary José Antonio Ocampo . Ocampo explained that these funds match the tax reform collections that will be used to […]
The government submitted a budget addition for $25.4 billion
Finance Minister José Antonio Ocampo this Friday submitted to the House of Representatives the project of Law No. 342 of 2023, which will add $25.4 billion to the nation’s 2023 general budget. Ocampo said the addition is fiscally sound and that the resources of the tax reform, dividends, profits and other budget moves will allow […]
They approve the new amount of the budget for $405.6 billion
The joint economic committees of the Senate and the House of Representatives approved the new amount of the General Budget of the Nation (PGN) for 2023, which with the addition of $14.1 billion proposed by the national government, $405.6 billion left. The Finance Minister, José Antonio Ocampo, indicated that this addition responds to the funding […]