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COLOMBIA: Lower House Committee Revises De-Centralisation Bill

COLOMBIA
BulletEM BulletEmerging Market News
  • "*COLOMBIA EASES SPENDING CURBS IN REVISED DECENTRALIZATION BILL" - BBG
  • "*COLOMBIA SAYS REFORM MUSN'T COMPROMISE FISCAL SUSTAINABILITY"
  • According to Bloomberg, the constitutional committee of the lower house has removed a requirement that the bill must align with the government’s mid-term fiscal framework.
  • Instead, lawmakers included a stipulation that the reform shouldn’t “compromise the principle of fiscal sustainability”. The bill must still be approved by the full lower house.
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  • "*COLOMBIA EASES SPENDING CURBS IN REVISED DECENTRALIZATION BILL" - BBG
  • "*COLOMBIA SAYS REFORM MUSN'T COMPROMISE FISCAL SUSTAINABILITY"
  • According to Bloomberg, the constitutional committee of the lower house has removed a requirement that the bill must align with the government’s mid-term fiscal framework.
  • Instead, lawmakers included a stipulation that the reform shouldn’t “compromise the principle of fiscal sustainability”. The bill must still be approved by the full lower house.