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Year 2012 described as a ‘learning period’ for new royalty system

Tuesday, January 15th, 2013 Category: Regulations & Policy

President Santos announced that pending royalties resources will be disbursed in February. The OCAD last year approved CoP$2.1T (US$1.4B) for projects and, according to Santos, “These resources will continue disbursement. Next month all those resources will be disbursed “(as quoted in national business newspaper La Republica).

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