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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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1624 OF 2013

(April 29)

Official Journal No. 48.776 of 29 April 2013

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:

ARTICLE 1o. Amplify in ten billion dollars from the United States of America (US$ 10,000,000,000) or its equivalent in other currencies, the authorizations conferred on the National Government by the article 1or Act 1366 of 2009 and earlier laws, other than those expressly granted by other rules, to conduct external public credit operations, internal public credit operations, as well as operations Similar to the previous ones, destined to 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,

ROY MONTEALEGRE BARRIERS.

The Secretary General of the honorable Senate of the Republic,

GREGORIO ELJACH PACHECO.

The President of the honorable House of Representatives,

AUGUSTO POSADA SANCHEZ.

The Secretary General of the honorable House of Representatives,

JORGE HUMBERTO MANTILLA SERRANO.

COLOMBIA-NATIONAL GOVERNMENT

Publish and comply.

Dada in Bogotá, D. C., on April 29, 2013.

JUAN MANUEL SANTOS CALDERÓN

The Minister of Finance and Public Credit,

MAURICIO CÁRDENAS SANTAMARIA.

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