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February 16, 2023
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Decree signed for Petro to assume regulation of public services

Decree signed for Petro to assume regulation of public services

The Minister of Finance, José Antonio Ocampo; the Minister of Mines, Irene Vélez; the Minister of Housing, Catalina Velasco; and the director of National Planning, Jorge Iván González, signed decree 0227 of February 16, 2023, by which President Gustavo Petro assumes control of the regulation of public services in the country.

The decree establishes the regulatory provisions, which should be governed by the following general guidelines:

– Subjection to constitutional and legal principles, purposes and values.

– Guarantee of dissemination and citizen participation in actions in this matter.

– Relevance, opportunity and quality that guarantee the principles of efficiency, sufficiency, comprehensiveness and tariff solidarity.

– Criteria of the tariff regime of economic efficiency, neutrality, solidarity, redistribution, financial sufficiency, simplicity and transparency.

BRIEFCASE

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