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August 15, 2024
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‘It is a strategic investment’: Minhacienda defends forced investment

'It is a strategic investment': Minhacienda defends forced investment

He National Government ratified this Wednesday its initiative to implement forced investment to reactivate the national economy.

Precisely that same day, Alexander López Maya, director of the National Planning Department (DNP)said that the project will be ready in the next few days to be presented to Congress,

(You can read: Forced investments in Colombia: in which sectors could the Government influence?).

Within two weeks, we will have the proposal for economic reactivation and the financing law so that we can deliver to the country and to the Congress of the Republic this financing law that will be added to the resources that we have today,” said Lopez, quoted by the radio station ‘Blu Radio’.

Digital investment

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Under this order of ideas, the Minister of Finance, Ricardo Bonillaalso referred to the possibility of making this initiative a reality, which has been strongly criticized and which he called “strategic investment“.

(Further: The keys to increasing investment in the country, according to AmCham Colombia).

What is it that I don’t like about the name forced investments? It sounds like it is forced (…) This is a strategic investment to develop sectors. The proposal is that, although the agricultural sector is a neuralgic point, we need to go further”the head of the portfolio assured, quoted by the same media.

Ricardo Bonilla

Ricardo Bonilla, Minister of Finance.

Mauricio Moreno/ Portfolio

(Read: Asobancaria once again attacked forced investments).

The minister pointed out that the country should focus its investments on the renewable energy, digitality, agroindustry and tourism development.

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