Constitución en Inglés

260 constituteproject.org Colombia 2021 Seventeen percent (17%) of the resources of the General System of National Budget Distribution for spending purposes shall be distributed among the municipalities with a population inferior to twenty-five thousand inhabitants. These resources shall be spent exclusively on investment, in accordance with the competences assigned by statute. The distribution of these resources shall be based on the same criteria of population size and poverty that are defined by the Law on the National Budget Distribution for General Purposes. The municipalities classified in the fourth, fifth and sixth categories in accordance with the rules in force may freely spend up 42 percent of the resources they receive from the General System of National Budget Distribution for General Purposes for investment and other expenses inherent in the functioning of the municipal administration, with the exception of the resources distributed in accordance with the preceding section. When a territorial entity achieves universal coverage and meets the quality standards established by the competent authorities in the sectors of education, health, and/or public services concerning drinking water and basic sanitation in the home, according to certification by the competent national entity, it may spend the surplus resources on investment in other sectors within its competence. The National Government shall regulate the matter. The amount of the General System of National Budget Distribution, GSNBD, of the Departments, Districts, and Municipalities shall increase by taking as its base the amount allocated during its previous period of application. During the years 2008 and 2009 the GSNBD shall increase at a rate equal to the inflation rate, with an additional increase in real terms of 4 percent. During the year 2010, TRANSITIONAL PARAGRAPH 1