Ley 1872 de 2017 | Ley 1872 de 2017 — Colombia law | Esheria

Ley 1872 de 2017

This law creates a fund for the integral development of Buenaventura and adopts measures to promote that development.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 1872 de 2017
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
autonomous patrimony budget decisions cofinancing compensation compliance monitoring contracting fund administration fund duration fund management funding internal regulation organizational governance project planning public fund governance public funding public policy public program administration public projects public resources regional development regulatory implementation reporting resource administration territorial development

Statute overview

About this statute

This law creates a fund for the integral development of Buenaventura and adopts measures to promote that development. This article says the law’s purpose is to establish measures to promote the integral development of Buenaventura’s special district. Creates the Fonbuenaventura fund and assigns its administration to the Ministry of Finance and Public Credit. El Fondo debe financiar, administrar y organizar recursos y proyectos para el desarrollo integral de Buenaventura; también puede contratar y gestionar recursos bajo ciertas condiciones. El fondo dura 10 años desde la expedición de la ley; después, el Ministerio de Hacienda puede prorrogarlo por un periodo igual o liquidarlo si lo determina la Junta Administradora.

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