Macroeconomy/Finance

Chamber of Deputies approves law restoring 12% of HDT funds to territorial entities

Funds will be made available for infrastructure, rapid testing and equipment to combat the coronavirus in the country. The Legislative Assembly informed there is an accumulated amount of $500 million that will go for the exploration and exploitation of hydrocarbons. The intention is to temporarily give 12% of that amount to the autonomous territorial entities and universities so that they can use the money to fight the Covid-19.

Source: El Deber