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Why The Authorizations Granted To The National Government Operations Expand To Hold External And Internal Public Credit And Similar To Previous Operations And Other Provisions

Original Language Title: Por la cual se amplían las autorizaciones conferidas al Gobierno Nacional para celebrar operaciones de crédito público externo e interno y operaciones asimiladas a las anteriores y se dictan otras disposiciones

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1366 OF 2009

(December 21)

Official Journal No. 47.570 of 21 December 2009

CONGRESS OF THE REPUBLIC

By which the authorizations conferred on the National Government are extended to celebrate external and internal public credit operations and operations assimilated to the previous ones and other provisions are dictated.

Vigency Notes Summary

COLOMBIA CONGRESS

DECRETA:

Indebtedness entitlements

ARTICLE 1o. Amplify in four thousand five hundred million dollars of the United States of America (US$4,500,000,000) or its equivalent in other currencies, the authorizations conferred on the National Government by the Article 1or Law 781 of 2002 and previous laws, other than those expressly granted by other rules, to conduct external public credit operations, domestic public credit operations, as well as operations assimilated to the previous ones, intended for the financing of appropriations budget and programmes and projects for economic and social development.

The authorizations granted by this article are different from those granted by Article 2or Law 533 of 1999. As a result, the exercise of that exercise shall not in any way affect the exercise of that provision.

Vigency Notes
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ARTICLE 2o. This provision governs from the date of its enactment.

The President of the honorable Senate of the Republic,

JAVIER CACERES LEAL.

The Secretary General of the honorable Senate of the Republic,

EMILIO OTERO DAJUD.

The President of the honorable House of Representatives,

EDGAR ALFONSO GOMEZ ROMAN.

The Secretary General of the honorable House of Representatives,

JESUS ALFONSO RODRIGUEZ CAMARGO.

Colombia Republic-National Government

Publish and comply.

Dada en Bogotá, D. C., at 21 December 2009.

ALVARO URIBE VELEZ

The Minister of Finance and Public Credit,

OSCAR IVAN ZULUAGA ESCOBAR.

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