Ley 111 de 1994 | Ley 111 de 1994 — Colombia law | Esheria

Ley 111 de 1994

This preamble states that Colombia approves the Constitutive Agreement and the Administration Agreement of the Multilateral Investment Fund.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 111 de 1994
Version
Undated source snapshot
Language
es
Updated
Official source
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agreement term amendment procedure budget appropriations committee procedures cumplimiento normativo distribution of assets economic development effective date environmental sustainability financial contributions fund administration fund allocation fund contributions human resources development installment payments investment reform liability limitation liquidation membership/adherence microenterprise support multilateral development finance private investment private sector development project financing +10 more

Statute overview

About this statute

This preamble states that Colombia approves the Constitutive Agreement and the Administration Agreement of the Multilateral Investment Fund. El Fondo tiene objetivos generales de promover reformas, aumentar la inversión privada, apoyar empresas pequeñas y microempresas, financiar ciertas reformas y fomentar un desarrollo económico ambientalmente sólido. Los donantes deben presentar un Documento de Contribución y pagar las cuotas del Fondo en los plazos fijados; en algunos casos pueden usar una contribución condicional y el Comité de Donantes fija ciertas condiciones de pago. This article sets out how the Fund’s operations are organized and limits how its resources may be used. El Comité de Donantes aprueba propuestas, puede asignar recursos y fija sus propias reglas de funcionamiento; los donantes pueden participar, nombrar representante y convocar reuniones.

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