Duque sanctioned this Saturday the National budget for 2021, the highest in the history of Colombia

President Iván Duque affirmed this Saturday that Colombia has a budget for 2021 “The reactivation” of the country, “equity”, “transformation” and “connectivity”, with a total amount of 313.9 billion pesos, of which 58.6 billion pesos will be for investment, the highest figure in the history of the country.

The head of state, who sanctioned the Budget Law in Sonsón (Antioquia), stressed that this is a budget “With an unprecedented amount” and that also guarantees “the greatest expansion of public investment in the recent history of the country”.

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In this context, he stressed that this budget has the largest item for tertiary roads with a figure that is close to 650,000 million pesos.

“We came with budgets of 100,000 million pesos on average during the last eight years (for tertiary roads). Only for the 2021 budget we are talking about 650,000 million pesos, without counting on the resources that come from the General System of Royalties. That is transformative, that is reaching the territory ”, highlighted the president.

Major infrastructure projects

Duque added that from this budget will come the resources for important infrastructure projects in the country such as the Bogotá Metro, the 80 Metro Light in Medellín, the San Francisco-Mocoa bypass, the Central Cordillera Crossing works, the Barranquilla-Cartagena connection, the Fourth Generation (4G) Mar 1 and Mar 2 road projects, as well as Pacífico 1, 2 and 3.

“Between now and August 2022 we will be delivering 20 of the 29 Fourth Generation projects on the roads of our country. That is the importance of this budget “the president explained.

In addition, he stressed that this is the largest budget for the environment, sports and culture in Colombia.

“Let’s value the advancement in culture. This is the largest historical budget that the culture of our country has had. With this we will not only be providing resources for artisans and training schools, but also to materialize the desire for the Shake yourself strategy “added the president.

He pointed out that in this budget there are resources for the construction of new penitentiary and prison facilities, after a decade.

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Likewise, he emphasized that the resources available to The Ministry of Agriculture in this budget will allow the National Government to reach the goal of 150,000 producers covered by the Contract Agriculture program this year., and move towards the goal of 300,000 producers in 2022.

With regard to the energy sector, the head of state said that in this budget are the resources “so that we close the gap in attention to electricity coverage in the country.”

Finally, Iván Duque pointed out that with the resources of this budget the Government will accelerate investment in connectivity so that 70 percent of the country has high-speed internet in August 2022.