US EditionPetro Government Approves Taking Nearly $3 Billion Out of the Royalty Savings Fund: This Will Be How Resources Will Be Used
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Petro Government and the resources it will use. Images: Infopresidency and generated with Gemini AI The National Government, through the Ministry of Finance and Public Credit, announced the activation of a $2.9 trillion development of the Savings and Stabilization Fund (FAE), an instrument of fiscal policy designed to reduce the impact of volatility on revenues derived from the exploitation of non-renewable natural resources.
Faced with the fall in royalties revenues, the government will take silver from the Savings and Stabilization Fund (FAE) to sustain investment in the regions. The Ministry of Finance issued Decree 288 of 2026, which authorizes the withdrawal of $2.87 billion from the General System of Regalías. The measure was taken after the revenue from royalties presented a 10% drop compared to 2024 and an accumulated reduction of 39% since 2023. The resource…
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