Diego Guevara assured that there will be a significant reduction in investment.
Minister of Finance, Diego Guevara.
The National Government spoke after the collapse of tax reform, also called the financing law in economic commissions of Congress, through which it sought to raise $9.8 billion to finance next year’s budget
He Minister of Finance, Diego Guevara, He rejected what happened, ensuring that this “is not a vote against the Petro Government, it is a vote against the regions, it is a vote against investment.”
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In that same sense, he referred to the money allocated next year for investment and assured that since this project was not approved there will be a significant reduction in this figure.
“Really today Congress has denied investment opportunities“Today the Congress of the Republic has denied the regional projects, we will insist on the investment possibilities, we are talking with the entire senior government team,” said Guevara.
In the same sense, the official assured that With this decision, a cut has been made to next year’s budget, that without this financing law it would be $511 billion, a decree that President Gustavo Petro is expected to issue in the coming days.
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However, from the National Government It was not ruled out that a tax reform will be presented again in order to be able to look for more resources, with which different projects can be financed for next year and which are part of the national development plan.
Another important point has to do with the changes that were proposed in the fiscal rule, taking into account that the resources that were assigned to caring for the environment would not be counted as debt. The Minister of Finance maintained that this is a fundamental point for the country’s finances.
