The joint economic commissions of the Congress of the Republic voted and approved in the first debate the project by which the budget for the General Royalties System (SGR) for the 2025-2026 biennium.
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The initiative, filed at the beginning of October, establishes an amount of 30.6 billion pesos, which is equivalent to 1.7% of the Gross Domestic Product (GDP).
Of the proposed value, 25.5 billion pesos correspond to current income, that is, 82.5% of the total; while the remaining 5.2 trillion pesos are part of the financial returns, which is equal to 17.5%.
The resources allocated to the SGR will be used to finance projects that allow the comprehensive development of the regions. This includes infrastructure, health and education initiatives.
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Congress of the Republic
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According to the National Planning Department (DNP), this bill would assign a
budget for the investment of more than $29 billion with a view to promoting the decentralization, autonomy and territorial development.
The DNP also pointed out that the idea of the project is to promote economic reactivation, by “give departmental and municipal leaders sufficient tools to control and invest their resources in projects that support the development of their communities.”
Now, the bill will go to its second debate to be discussed in the joint plenary sessions of the Senate of the Republic and the House of Representatives.
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PORTFOLIO
