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Government creates more decentralized management of royalties

Thursday, February 21st, 2013 Category: Regulations & Policy

Business newspaper Portafolio reported that President Juan Manuel Santos said the government appointed six delegates of the National Planning Department (DNP) to decentralize this entity and establish direct contact with governors and mayors. The goal is to accelerate implementation of royalty-financed projects. The governors and mayors may think this is not enough.

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