The Economy and Decentralization commissions of Congress approved by majority granting powers to the Executive Branch to legislate on measures related to the economic recovery and modernization of the State.
The partial approval of the request occurred in a joint session held by both working groups. After the debate, 12 legislators voted in favor, 2 voted against, and 4 abstained.
Of the 42 matters presented by the Executive, 33 received the green light and are related to public investment, taxes, economic management and modernization of State management.
In this way, the government will have 90 days to issue the decrees that are the object of the delegated powers.
However, for this to be possible, the bill requesting powers (now approved by the commissions) must go through the Plenary Session of Parliament.
Some aspects where legislative powers were not granted were regarding the exceptionally establishing rules to make changes to the investment agreements that were developed under the works-for-tax mechanism and the authorization of the use of resources from the financing source for interventions in the framework of the Comprehensive Plan for Reconstruction with Changes.
In addition, it was considered unfeasible to grant the powers to strengthen the instruments for improving regulatory quality at the three levels of government, as well as for modifications to the Budget Law, among others.
