Brigard Urrutia
April 22, 2020 - Colombia
Decree 575 of 2020
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During the term of the health emergency declared by the Ministry of Health and Social Protection on the occasion of the COVID-19 Coronavirus pandemic or during the term of any health emergency declared by the Ministry of Health and Social Protection on the occasion of the COVID-19 Coronavirus pandemic, the following are modified:
In addition, the following additions are made to the following articles
On the other hand, in order to mitigate the deficit in the operation of the Mass Transportation Systems, the following sources may be used
Finally, this Decree establishes that the sum of up to five thousand million pesos (COP$5,000,000,000) of the resources allocated from the general budget of the Nation during the current fiscal year may be allocated to the National Fund for the Modernization of the Cargo Vehicle Pool - FOMPACARGA – (for its Spanish acronym), so that the Ministry of Transport may sign agreements with the Banco de Comercio Colombia - Bancoldex to promote access to loans by individuals and legal entities associated with the provision of transport.
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Read full article at: https://bu.com.co/en/noticias/decree-575-2020