Miguel Gómez, MinHacienda, said that he will take to Congress an Economic Rescue Law to deepen the adjustment; the size of the State will be reduced.
The total item of personnel expenses amounted to $72.3 billion to cover all 1.14 million state positions
The general shareholders’ meeting is scheduled to take place on September 15.
The Vice President José Manuel Restrepo anticipated that the Minister of Finance, Miguel Gómez, will present today the outlines of the fiscal adjustment plan.
The budget submitted by the Ministry of Finance to the Congress of the Republic amounts to 634.9 trillion pesos.
The measure would only apply to the areas affected by the earthquake on August 10.
The former director of National Planning and BTG Pactual chairman talks about the outlook with the earthquake and the other challenges to be met for the country.
The next challenge will be to turn those resources into housing, roads, schools, hospitals, and productive recovery without wasting money.
The initiative seeks to regulate the training system to access discounts on traffic fines with supervised live classes.
According to experts, the measure would have left new constructions exposed to serious damage or collapses in earthquakes like the one on August 10.