Colombia accelerates $2bn investments under post-conflict program

Colombia plans to speed up investments of $2bn under the Territorial Focus Development Program (PDET) over the next three years as part of the government’s reactivation strategy. This program involves improving economic conditions in 170 municipalities heavily affected by the armed conflict with the FARC guerrilla. Investments will go to basic infrastructure, water, schools, and rural programs. The funds were originally allocated for the 2021-2030 period, but the government decided to speed up the investment rhythm by 70%, President Iván Duque said during the opening of the Colombia Investment Summit.

Source: Bnamericas