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Regional development policy is a priority of Colombia’s government. The country has experienced sustained economic growth over the past decade; yet several territories still lack development opportunities. To promote growth in all regions the government has engaged in a series of reforms. For instance, it started allocating royalty payments generated by hydrocarbon resources to all departments and most municipalities, including
The regulatory policy review of Colombia was launched 25 October 2013 by the OECD Secretary-General during an event hosted by the Government of Colombia.
This Public Governance Review offers advice to help Colombia address its governance challenges effectively and efficiently over time. It provides an assessment and recommendations on how to improve its ability to set, steer, and implement multi-year national development strategy.
On 25 October, the OECD Secretary-General will present the Regulatory Reform and Public Governance reviews of Colombia during an event hosted by the Government of Colombia.
Good public policies are central to well-functioning economies. Better policies on innovation, combined with high-quality regulations and a more efficient public administration, can help Colombia create jobs, boost economic growth and support development, according to three new OECD reports.