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September 2, 2022
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Petro: subsidies that Duque did not budget will end in December

Petro: subsidies that Duque did not budget will end in December

From the Ministry of Finance the announcement had already been made. The Government will ask the Congress of the Republic for a budget addition of 10 billion pesos for next year.

(Read: Government demands to stop land invasion and asks for evictions).

It would be presented with a budget addition next year, depending on the magnitude of the resources that we manage to obtain with the tax reform. We have studied that $10 billion is possible, $8 billion for additional investment, with which at least the investment budget does not decrease on the one hand, and about $2 billion that we need for operating expenses, especially due to the higher inflation that has occurred , which increases salaries and pensions”assured the minister José Antonio Ocampo.

Position ratified, in the last hours, by President Gustavo Petro. Who, in addition, referred to certain monies that Iván Duque’s government did not budget.

It would be 10 billion pesos for the transfers that were created due to the pandemic. Among them, Solidarity Income. The left-wing president assured that these would end on December 31.

José Antonio Ocampo, Minister of Finance.

“There are some clearly underestimated social programs in the budget, which clearly require a review, as well as the program budget,” said the head of the Treasury portfolio.

Likewise, Petro assured that the budget they will request will be destined to education, health and agrarian reform.

We will seek Congress to approve a reform of that budget, focusing the budgetary capacity on expanding the educational infrastructure, setting up the preventive health system and financing the agrarian reform.Petro wrote on his Twitter account.

(Also: More than 82% of the Minminas budget would be to pay subsidies).

The Peace programs, to support the fight against hunger, Science and Culture, among others, would be the sectors that could see a greater amount of resources in the budget if this addition is achieved.

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