The government invested $11 billion in royalties, what projects were they used for?

The resources were assigned to 2,133 projects, 1,255 were approved by municipalities. Bogotá led the approval ranking.

A total of $11 billion of resources from the General System of Royalties to finance 2,133 projects in sectors as diverse as transportation, housing, city and territory, mines and energy, agriculture and rural development, were allocated in 2021, reported the National Planning Department (DNP).

The entity explained that of this total, as of November 30 of last year, 1,255 projects were approved directly by the municipalities, 406 initiatives by the departments and 470 by the regional Collegiate Administration and Decision Bodies (Ocad), Peace and Science, Technology and Innovation and two projects approved by the black, Afro-descendant, Raizal and Palenquero communities.

“We highlight that in the ranking of the first five departments that presented the highest percentage of approval in their direct assignments during the course of 2021, as of November 30, they were Bogotá (87.59%), Atlántico (77.51% ), Caquetá (75.08%), Guainía (73.61%) and Magdalena (73.08%)”, adds the DNP report.

And it adds that mayors and governors have an indicative balance to approve for the 2020-2021 biennium that amounts to $11.9 billion. “To promote approvals, the DNP has strengthened technical assistance exercises for territorial entities in the formulation, feasibility and approval of projects financed with royalties, in order to materialize the investment initiatives that are foreseen in their Territorial Development Plans. ”, explained Alejandra Botero Barco, director of the entity.

These actions, said Botero Barco, are added to work groups by region with the departmental planning secretaries, to identify the projects that would be relevant and of regional interest for the governorates; as well as periodic monitoring and accompaniment meetings with Federations of Departments and Municipalities and with the Association of Capital Cities.

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The DNP recalled that those primarily responsible for guaranteeing the development of works or services for the community are the territorial governments elected by the inhabitants of municipalities and departments, since it is mayors and governors who determine the works of strategic importance that their communities require to improve the quality of life and contribute to sustainable development, economic revitalization, closing gaps, reducing unsatisfied basic needs.

Likewise, the contractors, supervisors, auditors, are responsible for guaranteeing the execution and culmination of the investments financed with royalty resources, which are pertinent, functional, and sustainable.

1.255

projects were approved directly by the country’s municipalities.

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