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Improving the quality of public investment in Colombia

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Frame of Image largest economies
Middle income country
Presidential Unitary System
47 million inhabitants
Decentralized Government 1.102 municipalities 32 departments New NDP territorial structure 6 regions 145 subregions
76% in urban areas
65% of total expenditure managed by regions
Policy Context and Public Spending Systems challenges
Macroeconomic, fiscal and social indicators have improved significantly since 2002
Variation (20022015) -58,4% 73,5% 476,9% 24,0% 153,1% -42,9%
VARIABLE Homicide rate per 100.000 inhabitants Investment Rate (% of GDP) FDI (USD millions) Economic Growth (%) GDP per capita (USD) Unemployment Rate (%)
2002 67,3(1) 16,6 2.134 2,5 2.368 15,6
2010 34,0 24,5 6.430 4,0 6.300 11,8
2015 28,0 28,8** 12.313 (p) 3,1 5.994* 8,9
Tax revenue ($COP Billions)
Poverty Rate (%) Extreme Poverty Rate (%)
5,8
49,7 17,7
15,85
39,0 12,3
23,56***
27,8 7,9
306,2%
-44,1% -55,4%
Source: DNP, Ministry of Finance *GDP per capita in USD assumption taken as the average TRM 2015 (2743 pesos) and additionally the corresponding national accounts data was estimated to trim IV 2015 ** Corresponds to the inversion of III trim 2015. (P) FDI data is available until 2015 Trim III, the last quarter of this year was projected *** 2014 tax revenues from municipals entities and departmental (1) Taken from “Comportamiento del homicidio, Colombia 2011 – Instituto Nacional de Medicina Legal y Ciencias Forenses – Pp 70”, 2010 and 2015 use SIJIN official homicide report
But recent increases in investments ha


Full Text
Title Improving the quality of public investment in Colombia
Similar Titles
Material Type Proceedings
Author(English)

Siza, Oscar Javier

Publisher

[Bogotá D.C., Colombia]:Departamento Nacional de Planeación

Date 2016-07
Event

Management for Development Results

Pages 38
Subject Country Colombia(Americas)
South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Economy < Financial Policy
Government and Law < Public Administration
Holding Departamento Nacional de Planeación