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March 3, 2022
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Royalties boosted transport sector

The new law that extends the useful life of public transport vehicles

The National Planning Department (DNP) released the results of the regional assessments carried out by the DNP for the period 2012-2019.

(Read: In the Law of Guarantees, more than 600 thousand contracts have been given).

According to the analysis carried out on 12,491 projects approved for $41 billion, which corresponds to 77% of the investment of the General Royalties System (SGR) In those eight years, “the transport sector has been the driving force behind investments and development in municipalities, departments and regions by improving productive and social dynamics.”

The regions evaluated were Caribbean, the Pacific, the Llanos and Central South, and during this semester the entity will review the studies for the Central East region and the Coffee Region.

Among the findings, it stands out how, in the Caribbean, 70% of investments It is oriented to productive dynamics, especially in the transport sector, and the other 30% is to close gaps in education.

In the Plains, 48% of the resources has been oriented towards closing gaps in education, and drinking water and basic sanitation, while transportation and agriculture concentrate the other 52% of royalty resources.

(What’s more: They investigate loss of $26.5 billion in royalties in Magdalena).

According to the DNP, “The challenge for the Llanos Region is to promote the transformation of the productive structure, especially in activities that promote the use of labor such as commerce, industry and tourism, manufacturing, family farming and the care and recovery of ecosystems in the seven departments that comprise it. (Arauca, Casanare, Meta, Vaupés, Guaviare, Vichada and Guainía)”.

In the Pacific region, 72% of its resources were allocated to strengthening productive dynamics in sectors such as transportation and agriculture.

The remaining 28% was earmarked to the educational sector. To this they attribute a 12% reduction in school dropouts.

In the Central South region made up of Amazonas, Caquetá, Tolima, Huila and Putumayo, it allocated 34% ($1.9 billion) of its investments to closing gaps, with a greater concentration in education, achieving a 10% reduction in the rate of school dropout

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