Titulo
Multilateral Organizations Department is in charge of structuring and directing financing strategies with resources from multilateral banking institutions, foreign governments and development banking institutions. It aids other State Entities in their credit negotiations with the mentioned organizations. The resources can be of free availability or of specific destination.
Free availability is understood as the funding of general budget appropriations that isn’t intended for specific investment project, it can be sectorial or programmatic loans.
Specific destination resources are funds meant for specific investment projects, given to entities with permanent accompaniment from the National Planning Department (DNP for its acronym in Spanish). The investment projects are analyzed on their components, investment categories, currency distribution of expenses, financial profitability or social impact and investment payback. This analysis determines the suitable source for financing and the terms and conditions for awarding the credit.
Free availability is understood as the funding of general budget appropriations that isn’t intended for specific investment project, it can be sectorial or programmatic loans.
Specific destination resources are funds meant for specific investment projects, given to entities with permanent accompaniment from the National Planning Department (DNP for its acronym in Spanish). The investment projects are analyzed on their components, investment categories, currency distribution of expenses, financial profitability or social impact and investment payback. This analysis determines the suitable source for financing and the terms and conditions for awarding the credit.