Constitución en Inglés

192 constituteproject.org Colombia 2021 Chapter I The Office of the Comptroller General of the Republic F iscal oversight and control are public functions that will be executed by the Office of the Comptroller General of the Republic, which oversees the fiscal management of the public administration and of the individuals or entities that manage public funds or assets at every administrative level and regarding every type of public resources. The law will regulate the exercise of competences among comptroller offices, in accordance with the principle of coordination, concurrency, and subsidiarity. The control exercised by the Office of the Comptroller General of the Republic will be preferential within the terms defined by the law. Fiscal control will be exercised subsequently and selectively, and it also can be preventive and concomitant, according to what is needed to guarantee the defense and protection of public assets. Preventive and concomitant control will not imply coadministration and will occur in real time through the permanent tracing of the cycles, use, execution, procurement, and impact of public resources. This tracing will be achieved using information technology, with the active participation of social control and articulating with internal control. The law will regulate its exercise and the systems and applicable principles for each type of control. ARTICLE 267