The Attorney General’s Office alleged that the administrative procedure of corporate integration between the airlines Viva Air and Avianca made an error of interpretation by not being conducted under Law 1340 of 2009, but instead under the regulations of the Code of Administrative Procedure for Administrative Disputes. In other words, in the integration process, Aerocivil […]
Tag: PGN
“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 are submitting a royalty budget in the amount of $31.3 billion
The government settled this Monday in the Congress of the Republic the budget note for the General System of Royalties (SGR) 2023-2024 for an amount of $31.3 billion, number equal to 2.1% of the Gross Domestic Product (GDP). The Minister of Finance, Jose Antonio Ocampo explained that the resources of the GSC, along with those […]
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 […]
Minhacienda Files PGN for $391 Billion by 2023
At a cost of $391.4 billion, Finance Minister José Manuel Restrepo Abondano has submitted to the Congress of the Republic the General Budget of the Nation (PGN) bill for the fiscal term of 2023. The minister said the project includes the cost of paying $78 billion of the national debt and $19.1 billion to cover […]