The Ministry of Finance and Public Credit announced that the Government will pay, before December 31, 2022, other $4 billion to cover the obligations of the Fuel Price Stabilization Fund (FEPC), by indirect subsidies to liquid fuels.
(See: Gasoline price adjustments affect transportation and fiscal accounts).
Thus, and according to the head of the Treasury portfolio, José Antonio Ocampo, there will be a total of $18.2 trillion transferred during the 2022 term.
“In line with the responsible management of fiscal accounts and public finances, we continue to make the respective FEPC payments, not only with a view to contributing to a stable macroeconomic situation, but also to solving a problem that has been going on for years.“said the minister.
(See: In 2050 no household in Colombia would cook with firewood or charcoal).
It is worth remembering that in the General Budget of the Nation for 2023 resources and other additional measures were included to facilitate the payment of the obligations pending liquidation of the current term.
(See: Why gasoline is not worth the same across the country).
In addition, the Government has been making gradual adjustments from October 2022 at the price of current gasoline, in order to correct the high deficit presented by the FEPC.
(See: Update ACPM formula and toll policy, Colfecar orders).
BRIEFCASE
